-
Laurent posted an update 6 years, 9 months ago
I was thinking about Bitcoin today and wrote this somewhere else but I expanded it a little..
I know Joseph P Farrell isn’t too keen on it but when looking at its structure, it has unique properties if one stretches our current known technology. Bitcoin is the perfect solution to the Universe’s Ultimate Question in Economics. How do you place a numerical value on energy generation globally?Everyone keeps wondering what Bitcoin is? Bitcoin is a logarithmically generated value of the energy used to create it against all available coins. Currently, bitcoin doesn’t make sense because we are currently using electricity to generate it but I believe this is the first phase of implementation. Once bitcoin reaches its limits of generation, it will become the perfect medium for identifying, trading and exchanging the generation of electricity globally which may not be otherwise metered. This would be particularly important if one had some way of generating electricity in a decentralized fashion and may if fact be a financial incentive necessary to release “free-energy” technology out to the public. If you had unlimited amounts of energy at your disposal but had a way to introduce it into the grid on a limited basis, how could you take advantage of this energy source without disrupting your current energy trade. Bitcoin is this solution but it needs to be primed in order to provide it’s function. Meaning before we can switch to this form of global energy transaction, enough coins need to have been created and saturated across the market for it to perform its function.
Bitcoin seems to be the first part of an incomplete global apparatus.
The Giza Forum (Legacy)
Closed Archive of The Old Forum