Frederick Bott
2 min readMay 8, 2021

--

Roman thanks for your comment, even if I don’t see your logic, it is good to know what others think, and maybe try to understand why.

We can see the way things have worked until now are not right.

At the very least, you might see the world economy is based on a giant energy Ponzi, which has existed for our known history, but which if we don’t break out of, will end us.

The energy we consume and convert to wealth can’t be from the stored resources of Earth forever.

The bad things we see happening all trace back to the vicious feedback loop of profit and scarcity enforcement, with all things for profit now hitting the end stops. If you don’t realise it affects you personally yet, it absolutely will, one way or another.

We can make a solution happen, or not, depending on our beliefs, the reality we see.

There may come motivation to print the last Bitcoin sooner rather than later.

Either way, the infrastructure necessary to produce that last Bitcoin must, and absolutely will grow to the capacity needed, to spit it out.

At that point, do you not think we will already have found, acknowledged, and put to further use, the incredibly beneficial effects of free power, by even further expansion of the solar infrastructure?

Has it escaped your attention that the cost of maintaining something that delivers free money is zero?

The free money we see printed and issued all around the world whilst maintaining value is physically explained and justified, by comparing it with the value of free energy being monetised by Bitcoin.

Further, as the gateway between free money and free energy is bitcoin, it is also the gatekeeper, by which free money directly traceable to the conversion of solar energy can be regulated, by allocation of appropriate authority, 1MW per Bitcoin, the amount of power to generate forever proof of work tokens, which would become fairly distributed to the causes most benefitting humanity as a natural outcome of markets no longer driven by profit, whilst removing the constant transactions load from Bitcoin.

Maybe not what Satoshi intended, and obviously not your perception as yet, but it all fits together, way too many jigsaw pieces to be anything other than nature showing its ingenuity as always, I would say.

--

--

Frederick Bott
Frederick Bott

No responses yet