Frederick Bott
3 min readJul 14, 2021

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I wonder why this post attracted so many spammy replies?

This was a top quality post, as always from you Patrick, thanks for posting.

But just for once I think your brightness might be misdirected.

I think you might have come to the wrong conclusion, by missing the link between energy, and money.

It seems we worship money, because money is energy.

We can carry on worshiping money as capital, carved from the energy of Earth, locked into taking ever more of it by the mechanisms of profit and debt, oblivious of the reason we worship it.

But of course it has to run out.

The capital of Earth, and thus the energy of Earth, is finite.

Hence the deadly zero-sum game, and the Grand Energy Ponzi we’ve played throughout our known history.

But we’ve reached a point now, where the more of it we take, the more harm we do to our species, and all others on Earth.

The risk of dealing our species a fatal injury now appears to be increasing exponentially.

So it has to change.

All of the energy of Earth comes from the sun, donated for free.

Technology has finally delivered to us a mechanism to monetise the free energy of the sun.

Solar powered proof of work tokens are already being exchanged for money as debt.

The endeavour to produce more of the best known, most established example, Bitcoin, is in process of pushing up ever more solar energy capacity.

So now when money is issued for free, its value goes up, not down, confirming the zero sum game has finally broken.

Whilst Bitcoin was being adopted as national currency by a sovereign country for the first time ever, its production by mining was interrupted by mining being chased out of China.

The cessation of production was the louder noise factor on the Bitcoin desirability, thus its price.

This all boils down to the Grand Energy Ponzi finally ending.

Money as sunlight is evidently more desirable, thus more valuable than money as capital, or debt.

Capital, and debt, are being devalued as a direct result.

So we are slowly coming round to worshiping money as sunlight, instead of the old, limited kind representing capital.

The killer application of cryptocurrencies is unlimited personal currency generators, authorised by appopriate ownership of Bitcoin, the mechanism which pushed up the solar energy capacity of humanity.

When we divide the total power requirements of humanity, by the total number of Bitcoins which will have been mined by the time we become fully solar powered, we get a figure of around 1MW per Bitcoin.

In effect, each Bitcoin is proof of around one 1MW solar energy production.

Therefore owning one gives us authorisation to use 1MW of power, to put to use generating forever personal proof of work tokens.

Of course an individual can never realise the full value of a MW of power, it is a very large amount.

So we will only need to hold a much smaller amount of Bitcoin, to have sufficient to generate the amount of pow, the value of which can be fully realised as individuals.

By offering all tokens in markets as usual, no longer driven by profit, we might all find our niche, where the value of our tokens truly reflects our value contributed to our species.

That, would be boosted, in the eyes of the collective, by donating whatever Bitcoin we might be holding in excess of what we might need individually, to generate our personal tokens.

I am sure yours will be very well valued one day soon too Patrick, just as they all will.

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Frederick Bott
Frederick Bott

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