Frederick Bott
1 min readMay 25, 2021

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I believe it is a system, but I might be biased, as a systems Engineer.

What we seem to have wrong, as a result of the deeply embedded profit driven transaction, is that we put value in scarcity, and thus capital, yet it is an illusion.

By ignoring the value of sunlight that makes all things grow every day, we simulate the effects of scarcity, so we live as if the sun does not shine, feeding upon ourselves as a species, and our environment.

We saw what happened in markets when free money was made available, $10K equiv per head in the US in one month, oil prices went negative, and the dollar value itself went up, amongst a stack of other good things.

Just there, money became free, and abundant like sunlight.

There doesn’t seem any way to sustain that sensibly until we realise that money can be tied to solar energy by the proof of work mechanism of Bitcoin.

To me as systems Engineer, that seems like the only sensible way out of the illusion.

If you are interested to know more you can always search out my feature article, on the “Kardashev hinge”.

Or for a more topical argument first, there is this one:

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Frederick Bott
Frederick Bott

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