I believe energy is a decent form of currency, it mimics the way our body spends its currency(ATP transformed into mechanical energy). What's wrong with money being a representation of human labor, or energy expended? It takes energy to mine, purify, and shape precious metals, it takes energy to produce, to create. Energy allows us to do work, and work over time = power. These are physical realities, if money is to serve as a medium of exchange it must intrinsically represent someone's work. You work a certain quantity of time, you get paid, and are rewarded with power in exchange for your work over time. That money gives you the power to make others spend their energy on your behalf. You pay someone to build your goods, to provide services, which themselves are a function of work over time. You in turn give them power in the form of currency.
At least that's how I see it. I'd love to continue this discussion by hearing how you see it. Again it takes energy to mine precious metals, just like it takes energy to mine crypto currencies. The prime mover is still energy which produces work over time and gives a measure of power.
"What's wrong with money being a representation of human labor, or energy expended?"
Because the value of human labor isnt tangible. Sure you can trade labor for goods, but that's just a barter system, and a gold backed currency has a clear advantage over a barter system. We trade our personal energy for a tangible currency to avoid the cumbersomeness of bartering. How would you transfer energy in a transaction?
"Work over time = power."
I'm not sure how that's actually true? There are plenty of people who have barely worked their entire lives, but have immense power. Yet construction workers have no power. And once again, how would we transact "power" in normal commerce?
I'm always down to discuss finances lol
I'm not sure how that's actually true?
That's how you measure watts, and horsepower.
Horsepower(power rating) = Torque(energy/force) x rpm(rate of work)/5252(time).
What is energy? We measure energy as how long it takes a heat source to raise the temperature of water by a certain amount.
Power is a measure of the capacity to do work over a certain amount of time. If you give some power to others in exchange for goods and services, then you are using power. If you use your own energy and use it over time for some end, you are producing power for yourself. If you can't make something work then you have no power, only energy at your disposal. You can make a monkey use up all its energy, but if that monkey can't do any useful work it literally has no power.
The process of transforming heat energy into mechanical power is not perfect, there are always losses and inefficiencies, thus having a large source of energy is no guarantee of having power. Plenty of people who get gifted lots of money can't do shit with it and end up wasting it.
Well we aren't cars...I'm not sure how horsepower is relevant.
In your scenario....how do you "give some powers to others in exchange for goods and services? Describe the transaction for someone who wants to buy an acre of land.
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