[sanderjd]

I think you misunderstood my question. My guess is that the plan to use the volcano for mining bitcoin is to put a big bitcoin mining data center close to it and powered by it. My question is why this is better than expanding distribution of the power generated to be used for more useful things across the country and region.

[rsj_hn]

My guess would be that those other useful things also require rule of law, taxation capacity, property rights, social organization, etc, in order to be feasible long term investments.