Frederick Bott
2 min readNov 25, 2021

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I agree with you, sort of, though not that there is such a split between young and old as you might think (I am not so young).

What we should be able to see happening, due to a very unexpected effect of Bitcoin, is money coming to align with the energy of the sun.

It can't completely devalue, because it is still the main blood of our economy, but it can move to representing Joules of energy flowing from the sun, rather than Joules of energy stored in the capital of Earth, as it always did before.

That means it increasingly has to be given away for free, as we receive more and more Joules from the sun, which are put to use as energy driving our utilities.

No longer can any fixed quantity of anything represent a fixed share of the economic mass of Earth, because that is now noticeably increasing, pumped up by the energy from the sun, the single source of energy that created everything we know.

Which is a really good thing, since what it is doing, is exposing that the value we always put in capital, is now an illusion.

Now it can't be wielded much longer to enforce scarcity, it has to be constantly given out to preserve its value.

That is the opposite of the way things used to work, and means the technical end of capitalism.

The energy of the sun is endless, and infinitely scaleable at zero cost, in terms of Earth resources, in the same way as trees grow, powered entirely by the sun.

Why bother saving, if we all have an endless source of free money?

Why bother taking taxes?

Why not just take some ourselves, and give the rest away?

When others see the benefits free money, the value of our money in markets is assured.

We saw this for the first time ever when 4Tn was issued, oil prices went negative, the only commodity to do so, ever, whilst at the same time the dollar actually went up, relative to other fiat currencies.

Bitcoin itself can become the instrument we use to regulate and allocate solar energy to the sources needing it most, as when printing of it ceases, given that it will continue to be the driving force behind the construction of the majority of solar power infrastructure, it will become recognised as representing around 1MW of live solar power per Bitcoin.

What will be the point of hanging onto more of that than we need as individuals, if the value of hanging onto all other things has gone?

Giving it to those needing it most will have much higher rewards in the new free money-as-sunlight markets.

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Frederick Bott
Frederick Bott

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