[Noisebridge-discuss] Recently published article, The Joule Standard
Brian McConnell
bsmcconnell at gmail.com
Wed Feb 6 21:56:48 UTC 2013
Hi everyone,
I thought some of you might be interested in an article I published this week. See http://www.resilience.org/stories/2013-02-06/the-joule-standard , see also http://www.joulestandard.com
The article explores the idea of financial instruments that are denominated in terms of energy. Not a new idea (Buckminster Fuller hit on this in 1969), but it points out that technology and financial services entrepreneurs could develop this by leveraging existing commodities markets to create something like Bitcoin, but backed with energy commodities/reserves.
Enjoy, Feel free to share this around.
Brian
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