Icelandic Prime Minister Katrín Jakobsdóttir announced in a recent interview that the country plans to prioritize food security over financial gain.
The decision comes in response to recent protests by farmers in Europe and trade disruptions that have highlighted the need for the Scandinavian country to reduce its dependence on imports.
Despite the challenges of farming in Iceland, where glaciers cover a large part of the country, Jakobsdóttir emphasized the importance of agriculture in safety and security strategies. “Being a farmer in Iceland is not easy. The fields aren’t great either. “But agriculture is an important part of our strategy for safety and security in this world,” he said.
Efforts at food security are starving for energy, making the island a data center paradise Bitcoin combined with an attempt to curb miners. Jakobsdóttir expressed concern that a significant portion of Iceland’s green energy is being consumed by Bitcoin mining centers and suggested that the valuable renewable electricity in these centers be transferred to housing and other sectors:
“Bitcoin is a worldwide problem, but data centers in Iceland use a significant portion of our green energy. A new proposal to boost wind energy would “prioritise” green industries to achieve carbon neutrality. Bitcoin, which uses most of our energy, and cryptocurrencies “This is not part of the mission.”
*This is not investment advice.
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