Energy As Currency?
Written By John
What if Joules (a unit of energy) was also the unit of currency?
If we were paid in units of energy and we were only able to consume the amount of energy we had on account, that might change a few things.
It seems like it might address some of the problems with fiat currencies and offer the major benefits of backed currencies with an additional benefit: the more creative and resourceful we collectively become in terms of figuring out how to generate energy, the more the whole “system” could grow and the better off everyone could be.
Not sure how that would be implemented, and there are lots of potential pit falls but I think it’s an interesting idea. Something to think more about!
