A Chinese city is burning money for power instead of coalThe article claims,
A power plant in Luoyang City, in the country’s central Henan province, is using old banknotes rather than coal as fuel for its furnaces and to provide power for the region.
China is not alone in having money to burn. The Bank of England destroys billions of pounds worth of banknotes every year as they become worn out.
Until 1990 all of the notes returned... were incinerated and the energy produced was used to heat the Bank.
I thought this article was especially interesting considering Bitcoin mining in stark contrast burns up large amounts of electricity to produce currency. In essence they could be burning paper money to make Bitcoins.
