OrangeMan on Nostr: Cont. "To the extent that energy provides utility to humans, it does so at the ...

Cont.

"To the extent that energy
provides utility to humans, it does so at the margin, in the form of power.
As humans value goods at the margin, humans value energy in the form of power, the quantity of energy provided per second."

quoting note1xgu…c9de

"People do not buy energy in total. They buy definite quantities of energy delivered with a desired intensity over periods of time in which they want work done. They buy energy over the marginal time unit. They buy power."

- saifedean (npub1gdu…6nak)

𝘗𝘳𝘪𝘯𝘤𝘪𝘱𝘭𝘦𝘴 𝘰𝘧 𝘌𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴

Chapter 8, Page 143

#bitpower #bitcoin