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# Energy as Currency - T&M



## Energy is universal, but the energy storage makes such a stake non-universal.

The conversion of energy from one type to another is not frictionless.

from PL - I’ve not followed the space-time thing and not sure I understand it.  But it seems important. We are all focused on money as a medium of exchange, but for many people money as a store of value is how they think of it (despite what the economists will tell them).⏎
- Most people I think would be happy to accept a pension provision in kWh rather than an annuity in an uncertain currency in 20 years or so.  ⏎
⏎
Perhaps one can shake up the life insurance/pension business. 

... not quite the idea above, still related?...[Blockchain technology in the energy sector: A systematic review of challenges and opportunities](https://www.sciencedirect.com/science/article/pii/S1364032118307184)

Bitcoin as an electrodollar
[The Interview - The Electrodollar: Venture Capitalism, Technology, and Silicon Valley](https://podcasts.apple.com/gb/podcast/real-vision-finance-business-the-global-economy/id1210383304?i=1000478879341) with Bill Tai

## https://www.zerohedge.com/crypto/bitcoin-ultimate-representation-energy

## information and energy
⏎
In the digital age, [information and entropy](https://knowen.org/nodes/24431?path=1-24392-24431) comes almost in any topic (markets, artificial intelligence, physics, economics, etc.). [File storage is one of the basic well-known cryptocurrencies](https://filecoin.io/)
Yet some mechanisms are required to evaluate how valuable the information is.
⏎
Should the stake be measured by some UNIQUE information content? Just the amount of the stored information or the capacity to store do not seem to be a good idea. Human-based subjective or information theory-based (therefore objective) information capacity should be valued?
How to appreciate "unique information without opening the box"?

# Parents

* Consensus mechanisms
* Tokenization