Quote from: TPTB_need_war on May 20, 2015, 05:08:00 AM

Quote from: cypherdoc on May 20, 2015, 03:36:37 AM

Quote from: 79b79aa8d5047da6d3XX on May 20, 2015, 03:29:32 AM

Quote from: cypherdoc on May 20, 2015, 03:20:22 AM

that's ok. there are hundreds if not thousands of businesses that could eventually participate.

fine, but if the proverbial "developing country" person is shopping for a water heater, she is just shopping for a water heater. not for the best combo heater/miner that heats water just right and contributes to the decentralization of the bitcoin network.

but yes, just speculating anyway. special thanks to smooth, your recent posts have been very stimulating.

true, this won't be for everyone.

but i think these companies could be building their own virtuous cycles on top of Bitcoin which could cause the next bull run in price. if so, how would that affect the developing country person's decision making? pay full price for an ordinary water heater, or almost free for one with a Bitcoin miner built in?

Quote from: Adrian-x on May 20, 2015, 05:06:12 AM

Enjoy your dinner, you're describing first world problems, $50 goes a long way in the 3rd world.

I have never seen in a developing country a centralized water heater for a home, except for the wealthy. It is also the one at the shower head that only runs for a few minutes per day. Often developing world homes don't even have separate hot and cold water lines run through the home.

The market for energy efficiency is not the developing world because they already conserve energy where it would be significant. Most of the electricity is expended on the refrigerator and perhaps the TV and electric fan at least in the tropics.

Home heating in cooler environments perhaps, but I doubt they heat their homes in Ecuador or Nepal rather burn firewood and wear heavy clothing. I have been in the mountains in Guatemala and the major city. That was 1993 though. I was in Cali, Colombia in 2001.

And will you even have internet connectivity in all rural and slum areas of the developing world.

A lot has happened since then more than 50% of the world's population now live in urban environments. I'm from Africa and electricity is more prevent than water, moreover cell reception is more prevent than electricity, cell reception is ubiquitous and governments are spending a lot of printed money to bring electricity to urban areas, I can't see your vision because it conflicts with some things I see that are tangent to your circular view of the world.