The consequences of the existence of blockchains are thus that, for the first time in human history, we have a real alternative to governments and legal systems for the enforcement of promises. What are the effects this will have on the world?
To achieve clean energy targets, many jurisdictions will have to overbuild renewables, increasing curtailment, or wasting of renewable energy. LDES could reduce or eliminate curtailment, allowing renewables to produce at full capacity whenever the weather is aligned.
An example of Tesla’s manufacturing innovation is its use of giant mechanical presses that can save substantial manufacturing time by forging single car bodies and individual car panels alongside its near-fully automated production with little human handling from beginning to end. Tesla’s different approach to auto manufacturing starts with single... See more
This is a very new technology. It could be decades before it is developed enough to be put into a car. The high levels of cobalt could also be a huge issue. Not only is cobalt more than twice as expensive as any other battery metal, but its mining is environmentally and humanely dubious. Many companies, including Tesla, want to have cobalt-free... See more
Following its attribution algorithm, Delphia shares revenue generated by the data with users contributing to the dataset. This creates powerful alignment that has never existed before.
Second, there are use cases for "crypto". Most notably: money. Money that's not issued by a central government is a perfectly reasonable use case. Crypto is successful at being money. You may think decentralized money is bad or not useful to you in particular, but if you can't accept money as a use case, then that's a hint that this claim may be... See more
Crypto-economic protocols allow for people to coordinate their economic activities without a centralized, rent-extracting party, and will help move these industries from corporate feudalism to meritocratic capitalism and freer markets.