5 ms·

CO2 sequestration?

• TeMPOraL 7y ago
  Could a coin backed by stored CO₂ work?
  • arethuza 7y ago
    I promise to pay the bearer the sum of 1 ton of C02 on demand?
    • TeMPOraL 7y ago
      Well, Bitcoin doesn't work that way either. I was thinking more of a "you get a coin for X tons of CO₂" + hype to make these work as currency, but I suppose it's just a weird version of existing carbon trading solutions.
      • cwkoss 7y ago
        Kind of silly to make this a coin. Because you'll fundamentally need an external system to audit CO2 sequestration and manage issuance, the auditor might as well be a centralized issuer.