Very good analysis, thanks for posting.

Your story of obvious existential importance appears to have gone unnoticed, not surprising, given pretty much all platforms are driven by profit, the current one seems no exception, so far.

I take minor exception with one of your lines of thought, though; that we can’t innovate ourselves out of the pickle.

But I am biased.

As an accomplished and still proud innovator myself, I would say of course we can, innovation is the primaty function of intelligent life, and of course we have to, but we also need to reform innovation itself.

The word innovation now seems to be taken to mean devising some clever profitable business, to solve a particular problem.

Somehow, success has come to be confused with making profit.

The idea of profit also, is considered in purely clinical business semse, as financial margin which technically we don’t need to survive, but nice to have.

So it is argued that a business which continuously self-invests all margin back into the business, is actually non profit.

But of course that isn’t true; the “losing* parties in the zero sum game of fundamental profit are still deprived of whatever the “winning” business or individual gains from them, and in every case there is a second loser in every profit driven transaction; our environment.

The ultimate consequence of the second loser, the impact to the environment, actually means the winner lost also.

So nobody really wins by profit in the most general sense. In fact, everybody loses.

So we have to innovate our way out of the profit driven system we have developed.

I believe this is already happening, mostly unconsciously by those most closely involved, investors in a specific kind of asset, ironically driven by profit.

They seem mostly unwittingly investing in the end of capitalism.

Not capitalism the ideology, but capitalism the practice, of commoditising all things as forms of capital.

At the heart of the whole flawed system of capitalism, profit, and debt, is a Grand Energy Ponzi, which is the process of humanity extracting all energy from the Earth, as surely as discharging any battery.

Of course Earth is connected to the sun, but it is a tenuous connection which has taken literally millions of years to charge, via what we identify as plants, which we are now decimating, driven by profit.

So what we need to do, and absolutely can do, using our modern technology, is complement plants, adopting their business and economic model, absorbing sunlight and converting what we can of it to useful work done on the planet, thus restoring its energy levels, and of course plants.

I believe that is already starting to happen with the technology of solar powered proof-of-work tokens.

We seem to be doing it as a species, mostly without even thinking about it.

There might be some minor developments that would oil the wheels of the overall process of transitioning to a new economy of limitlessly scaleable wealth donated to all people and our environment, with the sun as grand benefactor, like per-personal proof of work tokens for example, linked back to the senior authority of the most established token (Bitcoin), but we will know the need for that when we see it, I think.

So all in all we are not in a bad place, as far as I can see, more a mass awakening to the new way we need to do things, for everyone to be winners, instead of everyone losers.

You can read about that line of thought in more detail if interested, by searching out some terms in Medium including “Bitcoin Kardashev Hinge”, and “the Grand Energy Ponzi”.

I’ve written literally hundreds of stories on the subject, and thousands of replies like this one (If not as rambling!).

I wish you all the best in any case, and hope you will keep writing on the subject.