Frederick Bott
2 min readApr 21, 2021

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Thanks for your comment here John. I agree there is no reason to favor Bitcoin, other than it is the most dominant. We know distributed ledger currency mean adoption rates just follow Metcalfe's law, so for two DLT currencies with similar utility, first in will always hold the advantage of being further along the curve of adoption, which is directly reflected in the token value. Just like capitalism, whichever siezed the advantage first, retains the power advantage. So we have to conclude that if any currency could claim the title of contributing most to solar power adoption, by forcing it upwards, it has to be Bitcoin, just because of its sheer greed for power consumption. The thing to note is, since the POW currencies all align more with energy flow standards, rather than fixed capital standards like gold, the need for frequent transactions is removed. Transactions become more like connections being plugged in, they are only needed to redistribute the energy/money flow in the network, it is configured by the current state of transactions, new connections of energy flow are made and removed at any point in the system, simply by Bitcoin changing hands. In a way, we can view it as a kind of distributed energy / money issuance network, with the input being sunlight, the live energy of which is distributed in the form of the other kinds of money, endlessly freely printed, also exchanged in markets. It does actually all stack up mathematically, and has a completely different operating characteristic, aligning more with nature, in the action of the sun, rather than the grand energy Ponzi of money as debt, fuelled from extraction of scarce resources from the planet.

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Frederick Bott
Frederick Bott

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