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Electricity is not a finite resource. We have access to functionally unlimited energy from renewable sources which is becoming exponentially cheaper to convert
by flgb 6y ago
Electricity is not a finite resource. We have access to functionally unlimited energy from renewable sources which is becoming exponentially cheaper to convert to electricity, but it is a variable resource. What we need is not 100% renewables, but more like 500-600%. We need economic activity to unlock the investment in new infrastructure. Bitcoin is arguably the way forward for cheap clean energy, not the obstacle.
- cdolan 6y agoHow is energy not finite within our lifetimes? It is not feasible for us to capture the universe’ energy within the next 100 or perhaps 1,000 years (and that universe is expanding faster than light, we become more lonely every second). Now the power of the sun going into an efficient and massive solar array is absurdly large so yes, we could technically have nearly unlimited power in a few decades.... but sorry my Sci-fi nerd got the best of me and I don’t agree electricity is technically infinite.
- bingbong70 6y agoThere is no shortage of energy in the universe, bitcoin heavily incentivizes utilizing it to secure a global financial network... so we will capture it with increasing efficiency and mankind will get the benefit of all the new tech.