Tonga Volcano Eruption Sparks Bitcoin Aid and Renewable Energy Plans

Estimated read time 2 min read

The Volcano That Shook Tonga

On Friday, the Hunga Tonga-Hunga-Ha’apai volcano decided to throw itself a party—though it’s safe to say it wasn’t the kind of gathering anyone wanted to attend. A massive eruption sent shockwaves through the Kingdom of Tonga, resulting in an unexpected tsunami that reached heights of 1.2 meters (about 4 feet). Residents of Tongatapu found themselves scurrying for higher ground, proving once again that when the earth decides to rumble, staying put is not an option.

Crypto Community Lends a Hand

Amid the chaos, the digital currency enthusiasts of the crypto world showcased their compassion. Notable crypto holders quickly suggested using Bitcoin to assist in relief operations. A Twitter user known as Onair Blair called upon Lord Fusitu’a, a former Tongan lawmaker and Bitcoin advocate, to set up a wallet address for donations. Talk about a modern-day superhero with a digital cape!

Emerging Needs After the Eruption

While no casualties have yet been reported—thankfully!—the aftermath poses immediate concerns regarding air and water contamination. Relief organizations are readying themselves to tackle these challenges head-on. As roads and properties were submerged, aid remains a top priority as citizens start adjusting to life post-eruption.

Bitcoin’s Role in Tongan Recovery Plans

With the donation address established, the response from the community has been encouraging, with approximately 0.10794983 BTC (valued at around $4,625.29) collected since Sunday. This hefty crypto donation isn’t just a lifeline—it’s potentially paving the way for a robust financial future. Lord Fusitu’a has ambitious plans to utilize the geothermal energy from the nation’s 21 volcanoes to fuel Bitcoin mining operations. Talk about turning a natural disaster into economic opportunity!

A Shift Toward Renewable Energy and Bitcoin Adoption

Lord Fusitu’a claims that each of Tonga’s volcanoes could deliver a whopping 95,000 megawatts of energy. Now, that’s some volcanic power! With this energy, each volcano could churn out $2,000 worth of Bitcoin a day to support Tongan families. In a move reminiscent of El Salvador’s cryptocurrency journey, the former lawmaker also hinted at potential plans for making Bitcoin legal tender in Tonga by late this year. It’s like the island nation is ready to ride the crypto wave!

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