Frederick Bott
1 min readJun 11, 2021

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Bitcoin is changing form and purpose during its lifetime, the important thing to know is the outcome, I think.

That we’ve always practiced a grand energy Ponzi, by always living from the stored energy of Earth, and one another, is the thing being changed by Bitcoin, it seems.

Changing from 17GW of unsustainable stored energy consumption, to around 20GW of fully sustainable, infinitely scaleable solar energy consumption, changes everything we know. All the ideas of profit, loss, efficiency, and even capital, become superseded.

Bitcoin is doing that, to the tune of around 1MW per Bitcoin, when all is done.

After that, Bitcoin just becomes the distributed authority to print endless pow tokens, representing the photons of the sun, with exactly the same power, so rarely needs to change hands after an equitable distribution, which is naturally reached.

Sounds crazy, but you might come to a similar conclusion with your line of enquiry, then start writing articles no-one understands or cares about, like me.

But it is happening all the same.

Exciting times, I think.

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Frederick Bott
Frederick Bott

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