Exactly. For example, the intrinsic value of a bit coin is the capital expense plus energy required to harvest. Its cost is largely set by the cost of energy required to operate the hardware. It is a petro currency.
Case in point. One farmer recently re-started a power plant just to farm.
Think about that. What this means is that it's driving up energy costs (you'll notice that everywhere it is part of (((their))) plan). Which means everyone is subsidizing the cost of farming. A country's GDP is inversely related to the cost of energy. Which means farmers are actively involved in economic injury in every economy in which they farm.
In every reasonable metric, these types of currencies are idiotic and injurious to economies. This is just barely getting started on their issues.
I've been saying this for a long time. I guess I was ahead of my time, as I've been known the game. Green energy is just big tech trying to cut it's bottom line. They want to make petro based energy more expensive to incentivize inefficient "green energy" so they can have tech that will ween them off big oil. Not gonna happen, their scheme is a pipe dream, unless we go full blown nuclear, we will be burning hydrocarbons for a long time.
We are on the same page.
Additionally, oil seems to be abundant and not even a remotely scarce resource. Well shave been known to refill themselves, and not 100s of years later but relatively shortly after they are thought to have "run dry". It's almost as though the earth produces it as a byproduct of simply existing. All of this crying over green energy is such a fucking fraud.
We can build hydrocarbons, that's how synthetic fuel is made. CO2 plus heat create CO + hydrogen from eletrolysis = tailor made hydrocarbons. We can do this with nuclear since it generates heat in abundance. If big tech was serious about it's "sustainability" bullshit they'd put more effort into recovering waste heat. They generate so fucking much of it, and it's likely the reason for the west coast fires.
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