HARRY 3 on Nostr: Throughout human history, the process of energy extraction and use from digging up ...
Throughout human history, the process of energy extraction and use from digging up the energy that has been stored in plants and animals and then converting that energy for our use caused damage to our environment, but the size of our populations and subsequent energy use meant we couldn’t see the damage to the environment as easily as we can today.
We stay on a wheel of inefficiency, where our economies are addicted to the jobs and profits derived from exploiting energy- ignoring the fully loaded cost of fossil fuels when we include its by-product global warming.
This is where getting our energy directly from the Sun instead of a circuitous route of digging things up that originally got their energy from the Sun and transforming and re- transforming them, we remove an entire supply chain of inefficiency and cost.
By converting energy from the sun directly, we can get an almost free lunch- with the corresponding damage to our ecosystem.
( of course what needs vast improvement is the storage of that solar power and its transfer for human consumption)
If Governments and Central Banks think they can outrun deflation today, when we are only start to feel the effects of numerous technologies driven by Moores law, what happens when we add to those numerous technologies that the deflationary effects that abundant solar energy will bring.
If the only way to stop deflation today is by turning on the money printing press, what will tomorrow and the future look like?
Next - how Bitcoin adoption will eliminate fiat monetary entropy.
We stay on a wheel of inefficiency, where our economies are addicted to the jobs and profits derived from exploiting energy- ignoring the fully loaded cost of fossil fuels when we include its by-product global warming.
This is where getting our energy directly from the Sun instead of a circuitous route of digging things up that originally got their energy from the Sun and transforming and re- transforming them, we remove an entire supply chain of inefficiency and cost.
By converting energy from the sun directly, we can get an almost free lunch- with the corresponding damage to our ecosystem.
( of course what needs vast improvement is the storage of that solar power and its transfer for human consumption)
If Governments and Central Banks think they can outrun deflation today, when we are only start to feel the effects of numerous technologies driven by Moores law, what happens when we add to those numerous technologies that the deflationary effects that abundant solar energy will bring.
If the only way to stop deflation today is by turning on the money printing press, what will tomorrow and the future look like?
Next - how Bitcoin adoption will eliminate fiat monetary entropy.