Something to think about: two billion people alive today have never turned on a light switch
I'll just point out few facts for you. Today, the average person on the planet consumes power at the rate of about 2,500 watts, or to put it a different way, uses 600 calories per second. About 85% of that comes from burning coal, oil and gas, the rest from nuclear and hydro (wind, solar and biomass are mere asterisks on the chart, as is the food you eat).
source: Now that's a lot of watts...I think :)
Since a reasonably fit person on an exercise bicycle can generate about fifty watts, this means that it would take 150 slaves, working eight-hour shifts each, to peddle you to your current lifestyle. (Americans would need 660 slaves, French 360 and Nigerians 16).
Next time you lament human dependence on fossil fuels, pause to imagine that for every family of four you see in the street, there should be 600 unpaid slaves back home, living in abject poverty: if they had any better lifestyle they would need their own slaves.
source: http://www.shift2future.com/2011/02/future-of-history.html
If it were not for fossil fuels, 99% of people would have to live in slavery for the rest to have a decent standard of living, as indeed they did in Bronze Age empires.
The gold market (Store of Value) is estimated at $7 trillion and the currency market (Medium of Exchange) is over $100 trillion. Both Bitcoin Cash & @Bitcoin want to rule both.
Just like how the printing press enabled the unrestricted circulation of information which undermined religious/political authority at the time, Bitcoin enables unrestricted flow of money, which will likely undermine the power of banks and nation states. But they will not go anywhere....
The best industry to be in as an innovator:
1800 — textiles
1830 — railways
1860 — chemicals
1890 — electricity
1920 — cars
1950 — aeroplanes
1980 — computers
1997 — internet
2006 — social media
2010 — mobile
2016 — blockchain
If you want to be successful surround yourself with people who are more successful than you, but if you want to be happy surround yourself with people who are less successful than you.
-Naval Ravikant
