The year is 2044. Bitcoin has unlocked troves of cheap energy Coupled with AI and automation, this has driven the prices of basic living necessities to historic lows.
90% of the population are now influencers, life-coaches, and fitness instructors that buy each others courses on how to make money selling courses
This is not intended as trolling, but what are the chances that we get all of that cheap energy, abundant safe AI, and an economy which supports everybody’s basic needs without quantum computing?
Won’t bitcoin need to be replaced by an equivalent which uses quantum resistant cryptography? And also I get saying that bitcoin mining isn’t the carbon emissions problem critics say, but how does it create cheap energy? Feel free to send me to some FAQ as I’m sure this has been answered before.
The energy question is fascinating. Bitcoin allows for 1. adding elasticity to the grid to support demand response, 2. harvesting stranded energy, and 3. incentivizing research into more efficient production and use of energy.
nostr:nprofile1qyghwumn8ghj7mn0wd68ytnhd9hx2tcpzamhxue69uhhyetvv9ujuurjd9kkzmpwdejhgtcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qpqvwymuey3u7mf860ndrkw3r7dz30s0srg6tqmhtjzg7umtm6rn5eqj99n9n would have more to say on this topic.
