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#bitcoin 
makes me think of an intermediary energy currency.
A long excerpt from an article I read,
“Energy from primary energy sources is often transformed into different forms to make it easier to use, transport, or store. These forms are called energy currencies.
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makes me think of an intermediary energy currency.A long excerpt from an article I read,
“Energy from primary energy sources is often transformed into different forms to make it easier to use, transport, or store. These forms are called energy currencies.
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Several authors have introduced the idea of energy currency as a way to think about these useful intermediate forms of energy.
Humans harvest energy from primary energy sources and eventually turn this energy into an energy service. The primary energy....
Several authors have introduced the idea of energy currency as a way to think about these useful intermediate forms of energy.
Humans harvest energy from primary energy sources and eventually turn this energy into an energy service. The primary energy....
...are the primary energy flows (like solar power) or primary fuels (like raw natural gas) that harvests energy from nature. The energy service is what maintains a high energy society (through heating, transportation, etc.).
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These intermediate forms, energy currencies, are used because they are flexible and transportable energy, which allows moving the energy supply almost anywhere. For example, while it's nice to enjoy sunlight....
These intermediate forms, energy currencies, are used because they are flexible and transportable energy, which allows moving the energy supply almost anywhere. For example, while it's nice to enjoy sunlight....
... ,it doesn't recharge the battery in a cell phone; some energy conversion technology is required to get it into the specific form (and then moved with energy distribution technology, like pipelines or the electrical grid).
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The form that holds that energy from the energy conversion technology is sometimes referred to as an energy currency.
There is always some energy loss when making an energy currency, often due to the second law of thermodynamics.
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The form that holds that energy from the energy conversion technology is sometimes referred to as an energy currency.There is always some energy loss when making an energy currency, often due to the second law of thermodynamics.
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This model of energy currency as an intermediate step works best with electricity. Electricity is flexible, easy to use for just about anything, and is made specifically for the transportation and use of energy.
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This model of energy currency as an intermediate step works best with electricity. Electricity is flexible, easy to use for just about anything, and is made specifically for the transportation and use of energy.
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Electricity will never run out because the electrons aren't getting used up; they're just carrying energy by moving. More energy can always be put into the same electrons over and over again, and taken out to use for more energy services.
/END\\
Electricity will never run out because the electrons aren't getting used up; they're just carrying energy by moving. More energy can always be put into the same electrons over and over again, and taken out to use for more energy services.
/END\\
Combine this excerpt, with this tweet that has been passed around recently by Buckminster Fuller and 
Everything about #bitcoin makes sense when you realize that energy is the only real currency in the universe. https://twitter.com/johnkvallis/status/1322926019800666112
Everything about #bitcoin
makes sense when you realize that energy is the only real currency in the universe. https://twitter.com/johnkvallis/status/1322926019800666112
