2 ms·
you don't seem to remember the whole african gold dinar thing, right?
by 2Gkashmiri 3y ago
you don't seem to remember the whole african gold dinar thing, right?
- AtlasBarfed 3y agoI get it. The petrol dollar is the basis of global currency and trade and has been longer than we've been alive. When the value of oil collapses, and it will collapse: when not if, what replaced that? Batteries? In the near future it is likely that sodium and sulfur will be the fundamental ingredients of a battery 2x the density of todays. So there won't be nickel, cobalt or even lithium holding up EV scaling. Solar and wind isn't a shippable substance. Perovskites solar panels will likely be manufacturable practically anywhere. Energy/oil being intimately tied with economic and economic output made for a stable cross-cultural currency. Likely we will simply move back to food.