4 ms·
Hopefully, the "fast" discharge does not mean explosive discharge. I was kicking around an idea of currency based directly on energy units with friends for a w
by qaexl 18y ago
Hopefully, the "fast" discharge does not mean explosive discharge.
I was kicking around an idea of currency based directly on energy units with friends for a while. There were two requirements, though. One was some sort of battery or capacitor technology that can hold a charge for very long period of time (as long as cash currency typically survives) and and the other is the ability to quickly transfer energy from one unit to another (fast charge/discharge rates).
If this tech is commercialized, that would be one half of the conditions necessary for trading monetary value directly through the transfer of energy.
- mhb 18y agoIsn't that what energy futures markets effectively do?
- qaexl 18y agoI'm talking about a replacement for cash currency.
- mhb 18y agoI know. And I don't understand why. Cash currency is fungible with energy via futures markets or even just buying and selling batteries or water at different elevations. Why would using some inconvenient physical mechanism be better than just mentally converting your transactions into the spot price of whatever type of energy interests you?
- gaius 18y agothe ability to quickly transfer energy from one unit to another Just swap physical devices. That's how electric "filling stations" will work; you'll drive in, exchange your flat battery for a fresh one and they'll recharge their stock overnight with cheap grid electricity.