The aha on your energy observation seemingly would be resolved by huge 
electricity making. I will list the electricity makings that are likely to be 
ginormous if perfected?MSR's for U235 & Th232-->U233FusionWide scale on 
rooftops SolarWind Turbines at Sea whose potential = 11 times the 2018 global 
production (IEA 2019)Solar Power Satellites (a Gerard O'Neil fav) Beamed power 
from the moon (same as SPS) a Criswell fav, now a Japanese favDeep hot rock 
geothermal. 

You could also look at AI driving down manufacturing costsBioSource materials 
Mining the Asteroid Belt for rare earths. 
"You can keep your Marxist ways, cuz its only just a phase,For it's Money Money 
MoneyMakes the world go round!Money Money Money Money Money!Monty Python's 
Money Song (with lyrics) - YouTube
Adieu!

-----Original Message-----
From: John Clark <[email protected]>
To: 'Brent Meeker' via Everything List <[email protected]>
Sent: Tue, Jul 12, 2022 4:02 pm
Subject: Re: The collapse of bitcoin

On Tue, Jul 12, 2022 at 11:27 AM Lawrence Crowell 
<[email protected]> wrote:

> Currencies are in some ways just as artificial as cryptocurrencies. In fact, 
> most everything humans chase after is spun up as whole cloth, from countries, 
> to gods, to money to belief in comrades in arms and so forth. Most everything 
> humanity does is ultimately fake. Money is stuff we just "make up." Even the 
> value of gold is something we "make up." We might be better off if we stopped 
> making this crap up.

Barter is impractical so money comes in handy. Gold has retained its value over 
the centuries because it's still rare due to the fact that we haven't found a 
practical way to transmute elements on an industrial scale, but all 
cryptocurrencies have a fundamental problem, they are all based on the 
difficulty of making calculations and we certainly have found a way to make 
calculations  on an industrial scale  Bitcoin has an additional problem, the 
absurd amount of energy required for even a simple transaction. Quantum 
Computers could probably significantly lower that energy bill but quantum 
computers could probably also crack elliptic encryption which bitcoin uses. So 
I think the future of bitcoin is going to be pretty bleak. 
   John K Clark    See what's on my new list at  Extropolis
lns
-- 
You received this message because you are subscribed to the Google Groups 
"Everything List" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to [email protected].
To view this discussion on the web visit 
https://groups.google.com/d/msgid/everything-list/CAJPayv3FsmManZqhmBQusXwVHFrew-k%2B%2BY1W9K_mjXjfbWpzFA%40mail.gmail.com.

-- 
You received this message because you are subscribed to the Google Groups 
"Everything List" group.
To unsubscribe from this group and stop receiving emails from it, send an email 
to [email protected].
To view this discussion on the web visit 
https://groups.google.com/d/msgid/everything-list/1421783997.390868.1657672418376%40mail.yahoo.com.

Reply via email to