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> ...Aluminum has value to everyone in some way, not just those invested in it... A sound monetary system has more value than anything else on this planet. The

> ...Aluminum has value to everyone in some way, not just those invested in it... A sound monetary system has more value than anything else on this planet. There's a lot of information out there, but here's one article to illustrate my point: https://breedlove22.medium.com/masters-and-slaves-of-money-255ecc93404f https://breedlove22.medium.com/masters-and-slaves-of-money-2... > The energy is burned forever. Wrong. I can use it to pay someone to do work, for example. "Work" in both societal and physical senses. That means the energy is not lost in a bitcoin.

albntomat0 6y ago
> Wrong. I can use it to pay someone to do work, for example. "Work" in both societal and physical senses. That means the energy is not lost in a bitcoin. That moves the definition of battery far away from normal usage. That means anything of monetary value is a battery, whether it’s cryptocurrency, a $20 bill, or a piece of gold. Paying someone to do work has the actual energy come from another source, such gasoline or food.
- smashem 6y ago
  It just depends on which parts of the system you're focused on. We'll continue to bridge the gap between monetary -> electrical energy. A bitcoin is a store of monetary energy, and the bitcoin network is readily available. We're building solutions on top of the network to more quickly and easily convert that monetary energy to electrical energy. It's somewhat analogous as converting readily available wind (kinetic energy) to electrical energy. There is a large gap between the two forms of energy, but we're continuing to close it.
  - Monitorio 6y ago
    Its still wrong what you are saying. A battery stores PRODUCED ENERGY and gives out the SAME PRODUCED ENERGY with loss. You might not care but the problem is ENERGY which would not be needed to be PRODUCED to save co2 and our planet. And you can play around with the idea how Bitcoin can be useful on supporting this stuff but honestly? No one needs btc for sustainable energy investment. No one. And about this excess energy garbage: Either its so much excess energy that the system ooptimizes itself and reduces the co2 output by shutting down or prices are so different than someone is building a REAL Battery to make money out of this. Bitcoin would just put that energy segment onto the global market by some arbitrary decoupled btc value.
machawinka 6y ago
That assumes that someone is willing to accept Bitcoins as a payment.

albntomat0 6y ago

> Wrong. I can use it to pay someone to do work, for example. "Work" in both societal and physical senses. That means the energy is not lost in a bitcoin. That moves the definition of battery far away from normal usage. That means anything of monetary value is a battery, whether it’s cryptocurrency, a $20 bill, or a piece of gold. Paying someone to do work has the actual energy come from another source, such gasoline or food.

smashem 6y ago
It just depends on which parts of the system you're focused on. We'll continue to bridge the gap between monetary -> electrical energy. A bitcoin is a store of monetary energy, and the bitcoin network is readily available. We're building solutions on top of the network to more quickly and easily convert that monetary energy to electrical energy. It's somewhat analogous as converting readily available wind (kinetic energy) to electrical energy. There is a large gap between the two forms of energy, but we're continuing to close it.
- Monitorio 6y ago
  Its still wrong what you are saying. A battery stores PRODUCED ENERGY and gives out the SAME PRODUCED ENERGY with loss. You might not care but the problem is ENERGY which would not be needed to be PRODUCED to save co2 and our planet. And you can play around with the idea how Bitcoin can be useful on supporting this stuff but honestly? No one needs btc for sustainable energy investment. No one. And about this excess energy garbage: Either its so much excess energy that the system ooptimizes itself and reduces the co2 output by shutting down or prices are so different than someone is building a REAL Battery to make money out of this. Bitcoin would just put that energy segment onto the global market by some arbitrary decoupled btc value.

machawinka 6y ago

That assumes that someone is willing to accept Bitcoins as a payment.