Frederick Bott
2 min readApr 4, 2022

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This it the first story I've seen in Medium on a similar subject as the one I've been working on for a few years now, so I see your story as a cause for some celebration. Thanks for posting!

We seem to be on a path to similar conclusions.

But if I can whisper a word of caution, your business interests in Bitcoin, and general inclination still towards capital funded business, might still affect how you think of it a little. For example you might still be under the impression that the capital value of Bitcoin is its greatest attribute, when actually it isn't, it is the ability of Bitcoin to represent the energy received from the sun which is far more valuable, to the extent that it is even more valuable than any capital, provided it continues to seek out further solar power.

(Can be confirmed by checking the gold value of Bitcoin over time - Gold is the king of capital, if Bitcoin is "Beating it", then it is because Bitcoin is actually more than capital, as I see it)

https://www.longtermtrends.net/bitcoin-vs-gold/

Personally I think there is some uncertainty now over the future of Bitcoin, since it appears to have been hijacked by the El Salvadorian govt, which might be affecting its value. But it might be that Bitcoin has already shown us what we needed to see, before it went over to the dark side of being mostly centrally powered again, from energy residing in stored form in Earth (Volcanic).

Since only the energy of the sun comes from an extraterrestrial source, adding energy to Earth (Energy not already here, therefore not part of any finite source of capital), only it can be used to issue free money upon.

I've yet to hear anyone financially invested in Bitcoin agreeing that free money is a necessary good, and inevitable thing, I would love if you turned out to be an exception.

I don't see any of my own work on this as opinion, it is more observation, so I call it Analysis, like I do with every other Engineering project I've worked on (I am a Systems Engineer of some thirty years).

I call the study of this "Kardashev Engineering", for want of a better term, and the free money associated with it "Kardashev Money"

My own flaship story on the subject is this one:

https://eric-bott.medium.com/could-bitcoin-be-a-kardashev-hinge-b5d92df02795

Since that publication, my research has progressed to thinking in terms of "Money-fuel Trees"

https://eric-bott.medium.com/the-fuel-tree-5ef66be03c4

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Frederick Bott
Frederick Bott

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