I know it's a joke, but the if you buy equipment to mine bitcoins, you don't let it sit idle waiting for those few times a year that electricity prices are low.
You computer will be obsolete before you've made a return on investment.
The same problem applies to H2, etc, if the process is rarely used and the setup to do the process is expensive, then it's cheaper not to.
A plant that can produce H2 from electricity might be more expensive than the value of the power discarded.
Well, I wasn’t saying they should not. I was just pointing that out - kind of being in sync with what the post is pointing to.
As for not getting EU passport even if you could get that for free, there are too many very common and valid reasons to be listed here. And in fact there are other Goan acquaintances who didn’t want to. So let’s leave it at that.
One reason could be that Goa has the highest GDP per capita among Indian states and Goans are the richest among Indians. Goa is famous for its Susegad lifestyle and there is relative prosperity in Goa that's not usually present in other regions. However the Goans who leave shores head to UK skipping Portugal altogether.
Bitcoin is a money, Ethereum is becoming a Rube Goldberg machine to obfuscate the fact that it was issued as a security - where the issuers were paid WITH MONEY.
This is actually how I found out about several of these services. Elon's finding out the hard way that the Streisand Effect continues to work no matter how hard you swing the banhammer.
That's just mostly debt, a hundred years ago it would have been a promise to pay you ~1/20 oz of gold. At the moment I think a $100 bill costs about 20 cents to produce, so it's 99.8% debt on the Fed's balance sheet.
Their point is that even if the debt went away you can technically prescribe a very small amount of value to the actual object that has been produced to represent that debt (what we call the "paper" note). Although that intrinsic value would arguably be lower than the cost to produce it in the case of the debt actually ceasing to be valid, but for that to happen society would have bigger problems than worrying about the material value of old bank notes.
