Democrat candidates for President are uniformly alarmist over global warming, but most are also pushing Carbon Tax as a solution. Carbon Tax is one step away from Technocracy’s original Energy Currency formulated in the 1930s.Read More
As an economic system, Technocracy needs an appropriate type of currency as an accounting system, and blockchain technology is a likely foil. However, Technocrats in the 1930s said that energy was the only appropriate accounting system. As I read this, I would fully expect to see a global blockchain system having some relation to, or ‘peg’, to either carbon or energy itself. Either way, the days of the ‘wild west’ for Bitcoin may be in jeopardy.