TD₿: How Bitcoin Revitalized El Salvador's Economy (a short video) featuring Natalie Brunell
TL;DR: El Salvador’s ambassador to the US reflects on the improvements in her country’s economy and quality of life since President Nayib Bukele made Bitcoin legal tender.
Hey Bitcoiners,
Natalie Brunell and the Hard Money team at Swan have prepared an awesome six minute video to show you highlights of the progress made already in El Salvador. It’s eye-opening and demonstrates that the hope bicoiners around the world feel is well placed.
Enjoy!
Tick tock next block,
Cory Klippsten
Sign up for Swan and receive $10 in free bitcoin today.
Quote of the Day
“Freedom is decentralized. Permission is centralized.” — Jimmy Song
Job of the Day
Strategy & Commercial Associate, Energy Division - Cholla Energy
Full Time — Dallas, TX
Position Description:
Cholla Inc. is seeking an experienced power industry professional to strengthen the energy division's underwriting, analysis, business strategies, and commercial capabilities. This individual will sit on the CEO’s team and collaborate closely with the VP of the Energy Division, VP of Land & Development, accounting, finance, operations, and technical teams, providing analytical, regulatory, financial, and operational support. Additionally, this individual will play a crucial role in advising, developing, and communicating risk & market strategies, supporting the establishment of new capabilities, and setting up market and corporate operations teams for both Cholla Inc. and the Energy Division. The ideal candidate will understand Bitcoin's value proposition for individuals, recognize the mutual benefits of flexible loads like Bitcoin mining in the right regulatory environment for grids, and possess a strong desire to make a meaningful contribution to empowering humans to unleash energy abundance.
Desired Communication and Character Traits:
Cholla seeks a humble self-starter who communicates and makes decisions in line with our company principles, constructively overcomes setbacks, respectfully engages opposing views, embraces change, thinks independently, and helps lead the company to best capture opportunities in line with our vision. This candidate will also demonstrate exceptional listening, communication, and collaboration skills when working with various departments within the organization. As a key member of the Energy division, an important aspect of this role will involve communicating the vision, principles, and value proposition to other employees, stakeholders, and the communities we operate in.
Responsibilities:
• Partner with the CEO, & VP-energy division, VP-land, and development to lead in the discovery/understanding of risk analysis and commercial strategies within the energy division. Develop and oversee commercial strategies to optimize energy and ancillary services based on desired risk profile.
• Develop comprehensive market views and forecasts to identify strategic opportunities and risks associated with market fundamental drivers across ERCOT wholesale power markets.
• Oversee the development and implementation of tools to produce short-term price forecasts to inform, evaluate, and improve upon bidding and dispatch decisions.
• Provide power market insight and risk-mitigation support for all hedging, JV’s, PPA, QSE, and REP negotiations.
• Perform ad hoc financial analysis to inform capital allocation (i.e., commercial strategies, ancillary service payments, financings, PPA’s, budget & quarterly guidance)
• Support the CFO and finance team with budget materials and visualize results of the energy division.
• Support or kill commercial strategies proposed by the CEO through research, empirical data, developing visual mediums and Socratic discussions.
• Lead the development of company position on future pricing in ERCOT to inform risk mitigation & multi-decade commercial strategies.
• Implement and maintain financial analysis tools to monitor the division and provide information to the operations team to inform short- and long-term profitability.
• Collect, analyze, & summarize financial data to assist in the management of operating and capital expenses.
• Establish and oversee a market operation function responsible for maximizing merchant value in Real-Time and Day-Ahead markets.
• Monitor ERCOT market trends and track Power Futures to inform Energy Division commercial strategies.
• Monitor load, generation, peer research & investor presentations to inform commercial strategies.
• Lead in creating presentations to management, regulatory bodies, banks, policy groups, and strategic partners to elevate the understanding of Bitcoin Mining and flexible loads as key contributors to the long-term health of ERCOT.
• Anticipate long term needs and proactively provide feedback & make recommendations for internal & external capabilities expansion.
• Collaborate with Cholla team members and philanthropic/policy partners to promote bitcoin mining as an engine of growth for Texas.
Skills & Qualifications:
• Oil & Gas, Bitcoin Mining, Energy Trading, or similar 24/7 industry experience preferred.
• 10+ years of work experience, with 5+ years of progressive commercial and leadership experience in wholesale power markets; with an in-depth understanding of the valuation of power transmission and generation assets at a BESS, Independent Power Producer, Transmission, EPC, or Investment Banking firm
• Advanced Excel experience: proficient knowledge of Python, SQL, SQL Server Integration Services (SSIS), AI, and Power BI is a plus.
• Demonstrated quantitative analytical skills–specifically modeling commercial ERCOT strategies.
• Knowledge of ERCOT Demand Response programs.
• Ability to work in a collaborative environment where teamwork and independent work ethic are essential.
• Strong desire to take ownership of new tasks & responsibilities, problems and propose solutions.
• Desire and ability to self-direct while prioritizing, multi-tasking, establishing, and meeting deadlines, often under quickly changing circumstances.
• Curious and eager to learn, possess excellent attention to detail, and strong verbal & written communication skills.
• Curious & follows appropriate hunches.
• Active listener
Not your particular skill set? Check out all the Bitcoin Jobs at bitcoinerjobs.com.
Event of the Day
Toxic Happy Hour Pleb Party Miami Version 6.15 May 18th 2023
May 18 @ 5:00 pm - 11:59 pm
Would be great, if you let other people here on Meetup know that you are going by registering “going” here on Meetup, but you HAVE to buy the ticket at Eventbrite, to have entry to the party. Posting the event here on Meetup is to reach out to the more then 400 Bitcoiners that attended our Toxic Happy Hour Pleb Party in Los Angeles in November 2022, where we had a BLAST!
For the Bitcoin 2023 conference itself in Miami you’ll get 10% off your tickets when you use the code **TOXIC**. It’s a good idea to buy sooner than later, as their prices increase over time: [Buy Conference Tickets by Clicking Here!](https://b.tc/conference)
Toxic Happy Hour Pleb Party is BACK – this time in Miami the night before the Bitcoin 2023 conference hosted by Bitcoin Magazine.
In 2022 at the night before the Pacific Bitcoin conference, it was the place to be and a lot of connections were made which made the conference itself an even better experience, as many people already knew each other.
This party is for **Bitcoiners** to meet for laughs, smiles and hugs the evening before the conference. Many well known Bitcoin content producers and friends of Toxic Happy Hour were there, and it was the plebs opportunity to hang out and have an informal chat with these great minds, in a way it normally is hard to achieve.
The Los Angeles Pleb Party was capped at 420 people. The Miami Pleb Party will be capped at 615 people. Few..
Tickets are **transferable***, but **nonrefundable**.
Not in town for this? Check out all the Bitcoin events at bitcoinerevents.com.