Post
Topic
Board Economics
The role of Crypto in eliminating fossil fuels dependence
by
byteball
on 01/09/2018, 09:46:38 UTC
There is Peak Oil theory (which can be rebranded also Peak Natural Gas, Peak Coal, Peak Freshwater etc.)
that states global oil production has already peaked years ago and now we are in decline, that threatens
civilization as we know it.
There are a lot of skeptics who don't believe and try to ridicule people speaking about alternative
sources of energy. I don't mean wind turbines, they are too costly to play a major factor.
I also don't mean chemical solar panels, for the same reason: amortization costs.
Growing crops while using a lot of petrol for their agriculture to turn them into fuel is also ridiculous.
But there are other sources, that physicists speak of now and then and usually establishment reacts
with ridiculing them and silencing them in a lot of ways that are at establishment's disposal.

It seems that today's Central Banking is pinned on the idea of centralized control of resources.
Once there is decentralized energy source anywhere, this place can begin to print it's own money backed
by this additional energy, unaccounted so far.
And the only way to finance such developments seems to me is through altcoins.
Please share your thoughts.