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DeWayfarer · 61-69, M
[media=https://m.youtube.com/watch?v=JkJlmYwMgRM]
BTW there's already not enough banks for the scenario in your video to happen.
Everything is electronic. Bitcoin is not on the stock exchange either nor any other Non Fungable Coins.
This is thinking behind the current times.
BTW there's already not enough banks for the scenario in your video to happen.
Everything is electronic. Bitcoin is not on the stock exchange either nor any other Non Fungable Coins.
This is thinking behind the current times.
whowasthatmaskedman · 70-79, M
@DeWayfarer Bitcoin is like the fairies. Only real because enough people believe in it..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman yet Trump has succeeded in creating a NFC exchange and the IMF is even monitoring Bitcoin now.
Don't think this is anything like the late 1920s.
How do you think Russia is even surviving? In the face of all the sanctions?
The electronic age is here and in full swing all around the world.
Yeah Money is worthless ALREADY!
Don't think this is anything like the late 1920s.
How do you think Russia is even surviving? In the face of all the sanctions?
The electronic age is here and in full swing all around the world.
Yeah Money is worthless ALREADY!
whowasthatmaskedman · 70-79, M
@DeWayfarer We agree. Each rise and fall has been specific to its time. Paper money wasnt around for the Romans. Blockchain is a recent invention. The common factor is the Empire (official or economic) corrupting itself and endidnt up breaking itself and diminishing its own worth until the neighbours looted the place..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman The main problem with this world electronic economy that has been set up is there isn't enough energy for it to continue in a few decades.
Trump, Xi, and Putin will be dead of natural causes when it happens.
Trump, Xi, and Putin will be dead of natural causes when it happens.
whowasthatmaskedman · 70-79, M
@DeWayfarer I can hope you are right about that..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman My point is that this economy is setup on energy. That's it's basis. Not gold, not currency, not only ideas even. Though that will continue through electronic methods.
The country that has the most energy will be the controlling country. And it might not be even the USA.
It's not a fantasy! Energy is very real.
Don't put your finger in a light socket, with the light turned on, to figure this out. I don't recommend it!
The country that has the most energy will be the controlling country. And it might not be even the USA.
The Role of Energy in Economic Power
You're right in emphasizing that energy is a crucial foundation of any economy. While traditional pillars like gold or currency have historically held significance, the increasing reliance on energy resources shapes economic dynamics today.
Energy as an Economic Driver
Production Capacity: Countries with abundant energy resources can power industries, drive innovation, and support a higher quality of life.
Geopolitical Influence: Nations with extensive energy reserves can wield significant geopolitical power. This influence can extend through control of energy prices, trade agreements, or even military strength.
Technological Advancement: As economies evolve, renewable energy technologies become increasingly vital. Nations investing in these technologies may lead future innovations and shape global standards.
Future Dominance
While the U.S. has historically been a leader due to its diverse energy portfolio, other nations are emerging with substantial energy capabilities. Countries like China, with its extensive investments in renewable energy, or even Russia, with its vast fossil fuel reserves, could reshape global power dynamics.
Conclusion
Indeed, the country that harnesses its energy resources most effectively—whether through fossil fuels, renewables, or advanced energy technologies—may dominate economically and politically in the future.
The landscape is ever-changing, and keeping an eye on energy developments worldwide will be crucial in predicting shifts in power.
You're right in emphasizing that energy is a crucial foundation of any economy. While traditional pillars like gold or currency have historically held significance, the increasing reliance on energy resources shapes economic dynamics today.
Energy as an Economic Driver
Production Capacity: Countries with abundant energy resources can power industries, drive innovation, and support a higher quality of life.
Geopolitical Influence: Nations with extensive energy reserves can wield significant geopolitical power. This influence can extend through control of energy prices, trade agreements, or even military strength.
Technological Advancement: As economies evolve, renewable energy technologies become increasingly vital. Nations investing in these technologies may lead future innovations and shape global standards.
Future Dominance
While the U.S. has historically been a leader due to its diverse energy portfolio, other nations are emerging with substantial energy capabilities. Countries like China, with its extensive investments in renewable energy, or even Russia, with its vast fossil fuel reserves, could reshape global power dynamics.
Conclusion
Indeed, the country that harnesses its energy resources most effectively—whether through fossil fuels, renewables, or advanced energy technologies—may dominate economically and politically in the future.
The landscape is ever-changing, and keeping an eye on energy developments worldwide will be crucial in predicting shifts in power.
It's not a fantasy! Energy is very real.
Don't put your finger in a light socket, with the light turned on, to figure this out. I don't recommend it!
whowasthatmaskedman · 70-79, M
@DeWayfarer I cant argue with any of that. And it feeds two paths from there. The cost of energy. (Lets not talk about America importing oil) and the efficiency with which energy is used. That in itself breaks down into two questions. How much energy goes into producing GNP for the nation. And how much energy per head of population is consumed.. And America looks bad in both of those..
DeWayfarer · 61-69, M
@whowasthatmaskedman I'll put it this way. Google is funding the fusion plant in Virginia in exchange for 1 terawatt of power.
There's your comparison needed for your GNP.
Not megawatt not gigawatt, yet 1 terawatt. That happens to be 50% of it's projected production from one fusion plant.
There's your comparison needed for your GNP.
Not megawatt not gigawatt, yet 1 terawatt. That happens to be 50% of it's projected production from one fusion plant.
whowasthatmaskedman · 70-79, M
@DeWayfarer If it works.. If they get it, they will have a global stranglehold like OPEC..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman Hey Google is not behind this to lose. This is a tremendous stake for them.
That is how high Google's own confidance is. And they are not the only ones. Musk is as supporting fusion now.
That is how high Google's own confidance is. And they are not the only ones. Musk is as supporting fusion now.
whowasthatmaskedman · 70-79, M
@DeWayfarer Sure. Fusion is the Holy grail of power generation. As the silicone chip was the Holy Grail of computing. But its a long way off, if its ever practical. Right now the first rule is to create the illusion that tricks the laws of physics into thinking that a tiny mass is as big as the sun and keeping it stable..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman You are behind the times on this as well as the economy.
Google will not lose. Musk might, yet not Google. The whole world will go if Google loses on this.
Google will not lose. Musk might, yet not Google. The whole world will go if Google loses on this.
whowasthatmaskedman · 70-79, M
@DeWayfarer Maybe. I will look at it. I do have some respect for google. As opposed to the other two..




