Frederick Bott
2 min readJan 30, 2024

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I am not invested in it financially but always been interested, I still say no-one seems to have latched onto its real future use case - it is an actual physical method of converting solar energy directly to money.

I've often been asked how can the fact that it took precious energy to make that money, make it valuable?

The answer is simple, if the energy that created it came from the sun, it is energy that would have heated the Earth, if neither we nor nature used it. (Notice we are steadily removing everything in nature that used it).

And the truth is most of it now is solar powered, its impossible to win the competition of mining without the only energy that comes with nothing asked in return per Joule (The sun asks nothing in return for it, except that we actually do use it, otherwise it will and is burning us...)

So it is actually responsible for pushing forward the technology and adoption of solar, and it has already done something towards reducing planetary temperature - it it hadn't been for Bitcoin, things would be much worse.

Every Bitcoin represents a quantity of temperature reduction, as well as a capacity of solar power, further reducing temperature, so we should see it as more valuable than any other kind of money actually. Money is energy, always physically. This is something conventional economists are going to have to get their heads around, because it is failure to monetise economic product created from solar which is the real physical reason for inflation - money issued as debt can only represent energy by extraction, it can't represent energy received for free. But Bitcoin can, and does.

The Chinese government acquired an awful lot of solar capacity when they banned Bitcoin miniing. In fact we might even ask if this could have been a factor in their decision to stop the miners.

https://eric-bott.medium.com/could-bitcoin-be-a-kardashev-hinge-b5d92df02795

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Frederick Bott
Frederick Bott

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