but there is a harsh reality I think netizens of the fediverse need to acknowledge that will keep the majority of Facebook users locked in.

Would that be a bad thing?

Girl, I’m from Belgium :)

It takes quite the ego to pretend to speak for all of europe

I find people who’s personality is “anti-X” or “fuck-Y” are usually not enjoyable to be around.

There’s plenty of those on Lemmy, yes. But thankfully just a loud minority. Banning them (as a user), made Lemmy much more enjoyable.

Probably option 1

How did you take this picture? 🤔

and I tend to block anyone who makes their political ideology their entire identity.

Well put :)

The current situation, where those closest to the issueing party of new currency reap the biggest reward, also sounds not very usefull. Therefore I do applaud alternatives, be they not perfect.

It’s a big problem, it drives up grid frequency, then starts to destroy devices, start fires, … In current markets, the price of electricity even goes negative at certain times (so you get paid to consume).

It can be stored only in small amounts. The total world amount of batteries can supply germany’s consumption for about one day.

hence there can’t be more tokens than production. I think…

For example: I produced monday through saturday and have X coins. I want to consume on sunday, but there are no producers.

In any case you’ll end up with a futures market for energy trading, to coordinate the balance between production and consumption.

I just highlighted the problem of 1kWh = 1 “super duper solar coin”.

But yes, that market can be denominated in whatever way you want. Traditional currency is the status quo.

Not all blockchains work via mining

Bitcoin is the only inflation resistant currency I know of.

How does the production side work? I’ve produced monday through saturday, and want to consume on sunday. Do I gain tokens, monday through friday, proportional to the expected production on sunday?

Then I buy the tokens when they’re cheap, hold on to them, and spend them later when they’re expensive?

Consumer level maybe, depends on the contract between you and your utility provider. Wholesale it’s a different price every quarter hour (at least here in EU), with most power traded as future contracts (so the generating parties know in advance how much to produce).

A stereotype personified

Ignore what politicians say, look at what they do.

Generators would be rewarded with a blockchain token for the energy generated, while consumers would pay for the energy in those tokens.

Any electricity market should take into account that production and consumption should be balanced at all times.

If I produce today, but there’s not enough consumption of electricity, should I be rewarded with a token?

If I want to consume tonight, spend the token I bought, but there’s not enough production, what’s the token for?

In other words: such a token assumes infinite storage of electricity, a kWh today is the same as a kWh tonight. This doesn’t reflect reality.

Waauw, the instant downvotes

-g, --chgexit Exit when the output of command changes

Relevant xkcd