This Bitcoin fact is a true reflection of the society we live in. Even something that does not physically exists produces CO2 at the rate of a continent. To produce you must consume.
Just think about this for a moment. The models of contemporary life, its institutions, the language, every interaction and relationship, would change. Would there be an imperative to conform? Would we become drones in a self perpetuating machine? Would we care? If our basic needs are met, then the power structures that propel us through contemporary life would melt away.
While I find the Swedes optimism towards this kind of technology refreshing. Recent scandals around Facebook and Cambridge Analytica would give me serious concerns about how this technology is used, or more specifically used against us.
I’m really interested to see comparative costs with traditional construction methods. Could it be one part of the solution to the housing crisis in the UK. At the very least it’s another square on the Grand Designs bingo card.
The future is bright the future is Agrotech.
This TED Talk “How the blockchain will radically transform the economy” from Bettina Warburg. It may help understand the power of blockchain technology.