By El Diario: The gas that Bolivia burns in its wells and the residues from sugarcane can be used to generate electricity to power Bitcoin mining centers. These centers convert energy into computing power, which connects to cryptocurrency mining pools via the internet. Diego Monroy Marinkovic, a project engineer for power generation with Capstone microturbines…
Tag: private property rights
A Bolivia of owners, not proletarians | Una Bolivia de propietarios, no proletarios
Jaime Dunn, El Deber: Popular Capitalism: A call for a Bolivia of owners, not proletarians There is a powerful bond that unites us as Bolivians, a common interest that arises spontaneously, without coordination or obligation. It is as if an invisible force organized us and prompted us to act individually and collectively. This common interest…
Bolivia And Socialism: My Experiences
From Being Libertarian: I’ve lived in third world socialist Bolivia before. In short, it was unpleasant. I saw thousands begging and going hungry. People would just pull their pants down and defecate right in the streets. And no one paid them any mind because they didn’t have toilets either. I saw people every day that…
Beware of private property
Humberto Vacaflor writes in El Deber: Beware of private property Seventy years lasted the commitment of the Soviets to eliminate private property and impose communism. In the end, private property was the force that defeated the ‘socialist motherland’. Mafias conformed by former hierarchs control the spoils of what had been a superpower, which now has…
evo MUST NOT get away with this: Business confiscation law
A worrisome yet superbly-written Editorial by Pagina Siete: Business confiscation law President Evo Morales feels compelled, every 1st of May, to make a “gift” to the workers. In this order, he has made a long series of nationalizations (except the railroads, which are in the hands of the Venezuelan businessman Carlos Gil), and has announced…
Again! Bolivian gov’s ineptitude aims to put at risk business property … WTH!?
El Diario reports: Legal standard puts at risk business property • The private sector is in emergency due to the approval of the Social Enterprises bill in the Chamber of Deputies. CEPB President Ronald Nostas said that it is unacceptable and irrational to establish a legal causal when delay in the payment of services, wages…
