Frederick Bott
2 min readJan 3, 2022

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I like your approach to the problem, seems not unlike mine. We seem to be converging on the same path.
I find myself pursuing some justice for the power of sunlight, because for sure we are not valuing it correctly.
The Austrian Economics ideal of all monies issued being backed by product, works both ways. It is not being honored, if money is not issued in response to the Joules of solar energy received and put to use by humanity.
Those are directly convertible to barrels of hydrogen fuel which functionally replace fossil fuels, with none of the pollution, but most importantly, they are additional to the existing stocks of capital on Earth.
Solar power is unique in that capability, of adding to the capital of Earth.
The implications of it, are that capital no longer stands as a concept, it can no longer be a constant quantity, but an ever expanding one.
That, mathematically is the end of capitalism, and we have to accept it, nature gives us no alternative.
It is only a matter of time until this is accepted, and money starts to be issued, which would immediately naturally go towards building up our solar collection capability, and afterwards towards carbon pollution reduction and removal.
Something we will notice then is that there will be no point in hanging onto money, certain in the knowledge there is infinitely more to come, we will give as much as we can to the things we consider most important.
We saw a glimpse of that new world of donation economics when 4Tn was issued in the US, oil prices went negative for the first time in history, and stocks in technically bankrupt companies still offering much loved products soared.

Conventional profit driven “Whale” investors at the time including Warren Buffet cried foul and ran for the hills screaming heresy, but the courts changed the law to allow it to continue.
The Hertz car rental company is a good example of one that owes its continued existence to those ordinary folk who baled it out with free money using apps like Robinhood at the time.
Little did we know we were participating in the first ever demonstration of pure, fine-grained democracy at the time, it seems to me.

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Frederick Bott
Frederick Bott

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