4 ms·
Energy is not generated, it's captured/converted, and energy is not a scarce resource. In this case, it's converted to financial security to prevent double spen
by jbaczuk 4y ago
Energy is not generated, it's captured/converted, and energy is not a scarce resource. In this case, it's converted to financial security to prevent double spends and allow this currency to exist.
- danuker 4y ago> and energy is not a scarce resource Explain to me the spikes in electricity prices?
- jbaczuk 4y agoHave you heard of the sun? It's sending quite a bit of free energy. In fact too much, many would argue, and there's nothing we can do to stop it.
- elil17 4y agoFine, if you want to be pedantic then energy conversion infrastructure is a scarce resource. And I have this great way to convert energy into financial security that’s millions of times more energy efficient than yours, it’s called a payment processor keeping a ledger on a database and having a contractual obligation to keep it accurately (providing customers with legal redress if something goes wrong).
- jbaczuk 4y agoYou must be lucky to live in a good country at the moment, but it's not all about you and not all about the current moment.