Is this realistic?
Would be great. Im a big fan of communalism and autonomy of local communities and democratically controlled resources. This would make that dream a little easier
I had to dig way too deep to find that its built on the Ethereum blockchain.
This is not making your own grid.
This is a guy with solar panels, selling "credits" to a guy without panels for more than market rate, with this company taking a bit off the top.
This is nothing.
but it says bitcoin in the title
I can't wait until it's the 2030's and nothing substantial has happened.
I suspect the opposite. i think the next 5-10 years, most things will stay the same except for a few things that will be radically different. Kind of like cellphones very quickly changed some things drastically, even though life in general is basically the same now as it was 30 years ago.
But the ten year period after that...things are going to get weird.
Very weird. Culture shock and cognitive dissonance for large fractions of the population levels of weird.
ill take a stab at one thing that i think is coming. Rambling because its late at night and i don't have time to properly source this shit.
Think about the structure of the oil market. Its predicated on growth. We're currently in a glut, and have been for a while now, because of global economic situations: the oil states grew reliant on easy oil money from consumers. Well, the oil consumer is now a producer, and the effort to kill US oil production failed.even though we're in a glut, global demand is still rising, as expected as the global economy is growing.
Simulataneously, there is an ongoing movement away from gasoline powered vehicles. We can argue about 20 year lifetime of a new car, but there is growing interest in all electrics and hybrid vehicles, their market shares are growing, and developing countries are noting that maybe they need to electrify first and not bother with the slow buildup of gasoline powered cars- india is an example of a nationthat is applying government pressure to electrify all vehicles.
These trends are going to crash into eachother head first. You don't have to replace 100% of cars on the road with Electric Vehicles (EV) to crash the oil market, its more like 10%. The growth potential of the industry will be killed. market cap plummets when growth falters. Demand will start falling. Oil flowing through the pipelines will generate less revenue. Exploration will slow. Volatility in the oil market will send prices haywire-- driving more consumers to EV.
The demand for the tesla model 3 is just a signal: remember, people put money up for the new tesla sight unseen. I want a solar panel on my roof and a tesla in my garage.
Now think about the grid. The grid is a dilapidated cobbled together entity. it is highly susceptible to solar storms. It has been suggested that a modernization is going to cost a trillion dollars. Wheres that money going to come from? Its not going to come at all, is my guess. Meanwhile, while people are putting more ev cars in their garages and solar panels on their roofs, and batteries in their homes, steady customers for the power utilities stop paying. Those utilities will suddenly become insolvent, and local communities will have to step up to 1) maintain the grid in the face of grid defection and 2) prop up the local utilities as profitibility falters and less expensive solar starts coming up on peoples homes. Theres a lot of question about how fast this trend will be. But I want solar on my roof badly, and there are others who do too- why would you want to depend on someone else for power? The utilities won't bury my wires so i fear power loss in storms and ice. Solar augmented by a small natural gas generator would easily take care of everything I need.
Another trend is selfdriving vehicles. Those are surely going to be all electric. Think about how silly the whole car ownership thing is. You buy a car cash, put it in a garage that you pay for cash, fuel and maintain it, and it does nothing 94% of your year. Instead, you dump the car, dump the garage, dump the costs and fees, and pay a self-driving car to come pick you up and take you places. That car operates more like 90% of the time continuously making pickups and drops, and not needing the permanent assigned parking because its just a drone on the network. Further damage to the gasoline car.
Finally all the banks own oil reserves. proved reserves, its called. un pumped oil is money in the bank, if you will. if someone pumps it, it has value. If the value of oil crashes, proved reserves become valueless because that oil will never be pumped. Bank crisis as 800 billion in hard asset gets written off. Sure, theres niche uses, plastics etc, but not enough to maintain millions of barrels per day pumping rates.
the side effects to all this blather result in fewer jobs for many people, but also fewer costs to many people. Properly managed it could be a great step towards the future, but I anticipate various periods of crisis and panic becuase our society is bad at preparing for a rainy day.
Why is nuclear energy not being considered, it produces as much carbon pollution as wind per kwh and is by far the least deadly power source per kwh
So they have all the infrastructure in place to do this, then at the end of the trial they just...shut it all down?
Edit: I'm gonna go ahead an use my new found comment fame to plug my rap soundcloud [Removed by mods]
"... and hydro power".
This is the key part of the sentence. While it is great they have some solar and wind, hydro provides most of the power -- it is a continuous source of power which doesn't shut down at night or when the wind is not blowing.
No it still runs. This is mostly hydro. They just also supplement with coal. The article describes a goal of this area expanding clean energy much further to provide power to supplement other Chinese provinces.
Hydro might be better carbon-wise, but it can be devastating for river ecosystems, especially if there are migratory fish that use the river for spawning.
The whole coal industry is something like 77,000 employees. So it is a trivial number compared to the total loss of jobs there continues to be among all the industries in the U.S. So the government needs to have broader policies--not just for coal.
All you got to do is look at people who write who lived in eastern Kentucky or West Virginia and hear the stories how their towns went to hell. It's always the same fucking thing, crime goes up, domestic abuse rises, the miners either are addicted to meth or opioids and eventually they OD and die. It's always the same thing and state and local leaders do nothing about it to develop new business models.
Back 60 years ago it was 700,000. So coal jobs disappearing isn't something new nor shocking
It is shocking, if you just woke up from a 60 year coma.
Climate change in drones' sights with ambitious plan to remotely plant nearly 100,000 trees a day - "a drone system that can scan the land, identify ideal places to grow trees, and then fire germinated seeds into the soil."
Wouldn't it be great to be deploying these on Mars one day, after terraforming had managed to generate/regenerate enough of an atmosphere and hydrosphere?
Edit: the only good bug is a dead bug.
Hmm... that just got me thinking about how we will get to pick and choose what plants/animals/bugs we take there... It would be interesting to see how we artificially set up a naturally balancing system.
When i planted we got paid 12 cents a tree generally. Lots of people made $300 a day. Also that was trees from a nursery that were 6 inches tall already.... not sure about this
"Google has this saying, 'don't be evil,'" says Ali. "Maybe a company shouldn't be powerful enough that they're sitting there thinking, 'should I be evil or not?'"
The man has a way with words
I guess the only way to properly test this is to sneak in to the next CES and plant wi-fi routers everywhere that hijacks the regular free wifi app, so the technology can be tested on as many cellphones as possible.
Google got rid of "don't be evil" in 2015.
I like to say google, 1998-2015: "don't be evil"; google; 2015-present: "be as evil as the market will tolerate".
Edit: Some really great discussion going on here, and a lot of good questions have been raised. "Blockchain" is a big buzzword these days and with good reason. It has the potential to drastically change how the internet is structured and how we communicate and do business. This one to me looks particularly promising. I highly suggest reading the white paper if you have any interest in decentralized internet.
Blockstack white paper can be found here. Does a way better job explaining what this actually is than this article does.
TL;DR Blockstack is a protocol for using blockchains as a DNS/certificate authority and handling decentralized data storage on individual machines or existing cloud services. It can use any block chain and can switch block chains if vulnerabilities are found. Data can be stored in multiple locations and is encrypted, so it cannot be read without permission from the owner.
Overall, really interesting. They even address domain registration and have a novel way of handling "landgrabbing" domains. It supports pricing functions so the shorter the domain the more expensive the registration cost. Example given in the white paper is that they paid 40 bitcoins($10,000 at the time) to the block chain to register the first namespace ".id".
About bloody time. It's not as if this problem of overusing antibiotics has only recently come to light.
Yeah! Great they've changed their stance on this when it's almost too late
They've been warned about it for years and now since the problem is materializing they changed their ways. Does nobody believe in science and facts anymore?
Until Burger King stops deforesting my country like the greedy capitalist money-hungry dogs they are only to sell tasteless garbage that clogs people's arteries, I won't stop hating them, no matter how antibiotic free their mock meat is.
Of course it's PKM inhibitors. This has been tried on mice before, bottom line is, you can "delete" all long-term memories, don't expect much else. You can't "select" a memory or even connected memories just yet.
What if they are taking the snails favorite memory?
A Couple of years ago I heard a knock on my door. It was a snail. I picked it up and threw it. A few years later I answer a knock. It's the snail and he says, " What the hell was that all about?" So snails remember.
So mindwiping is now a thing. God damn are we in for some weird shit.
This could open the flood gates now that other corporations will see this and observe instant profit in stock market value.
I don't think people fully understand how many jobs we really are about to lose in the next 10-20 years.
Add this with that burger assembling robot from tge other day, and were about to see the end of fast food jobs soon
Now automate the kitchen, and your neighbourhood McDonald's will become a building-sized vending machine.
I am one of the co-authors of this paper. Ask me anything, I try to answer if I can. By the way, wired blew the story out of proportion a bit - but I will shamelessly use this opportunity to answer questions you may have about fusion. You can read the PRL itself to know what we wrote. Freely avaliable on https://arxiv.org/abs/1705.08638
Materials is one of the big things. You need surface components that can tolerate great heat loads (comparable to the surface of the Sun in terms of power output). With active cooling this can be solved. But I consider this an "engineering problem", meaning that if you apply enough engineers to it, eventually there will be a solution.
I work in plasma physics, so I can give a bit of context. Injecting neutral pellets into a fusion plasma to increase stability and reduce the onset large amounts of heat hitting the wall due to runaway electrons has been known for a few years at this point.
The problem is that there's not enough understanding for why this exactly works. That is, we can measure the effect and plot the results, but we don't have enough equations describing it or an intuitive grasp of it. If we can understand it, we can optimize the process (injecting neutral pellets) to best increase the stability of the plasma. What they did though, if you read the paper's abstract, is come up with analytic expressions relating to it. That's math talk for saying, they were able to write down equations and formulae related to the process. They then analyze the results of their efforts.
Also, Physics Review Letters is a respected physics journal. Regardless of whether this is monumental or not (I think the Wired article used this as a jumping off point to hype up fusion personally, but I love fusion so eh), it's legit science.
Alright, /sub/futurology, tell me why this isn't going to work.