Frederick Bott
Mar 16, 2021

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Nuno, well researched, informative article, thanks for posting.

For the reasons provided in part also to Joseph Sadove, Bitcoin looks like mathematically the end of capitalism.

The value of each one comprises two components; the capital paid for it, and the contribution it made towards expanding solar power infrastructure.

The first part is capital, a constant, and the second part is a capacity of time dependent energy, measured in Joules per second.

Recall energy is money, is information, is matter.

The first part then tends to zero, relative to the second part which tends to infinity, with time.

Mathematically, that is the end of capitalism, surely.

Not bad news when we realise it is also the end of scarcity.

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Frederick Bott
Frederick Bott

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