Frederick Bott
2 min readFeb 25, 2021

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Jessica the only thing worth feeling any regret for is maybe not really understanding Bitcoin.

Even the vast majority of hardened Bitcoin investors seem to be missing what it is really doing.

For sure it uses huge amounts of energy.

But it is solar energy, as that is the only kind that still turns a profit in the massive competition amongst miners.

So as Bitcoin increases in price, each one forces up the capacity of solar energy by a little amount.

So a Bitcoin is actually worth itself, plus some capacity of solar power generation.

The important thing about that is not the capital paid, but the capacity of solar generation created, since that part is time dependent, measured in some form of Joules per second, so always gaining in value, tending eventually to infinity.

That, is a simple mathematical proof of the end of capitalism, if you can see it, and I trust you can as an academic, the maths surely is not lost on you.

You contributed to it when you bought your bitcoin, even if you later sold it, or even lost the keys for it, the solar power capacity you created by buying the Bitcoin remains, and one day soon, there will be no more left to mine.

But the solar power capacity will remain.

That amount of distributed free energy, direct from the original extrarrestrial source of all energy, released to the world grid, will have a very surprising effect on the world economy, for sure, and it won’t be bad, probably more like a worldwide celebration, so you should congratulate yourself for contributing to it, I think.

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Frederick Bott
Frederick Bott

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