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Steve Pederzani
@pederzani
Anyone have practical resources for diving into raw resources and blockchain? Like tokenized ore, tokenized uranium? Interested in exploring some things.
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Newt Powers
@newtp
Woah, what’s that? :0
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Steve Pederzani
@pederzani
Basically the idea you can forego a lot of anti-trust and competition issues in the energy sector with a decentralized ledger on a national scale that basically ties the price of consumer energy to the GDP, instead of private enterprise, based on the actual buying and selling of the physical asset itself. I thought about it after reading about physically settled futures (like cattle futures) where you get the asset at the price, literally, in lieu of the then tradeable cash value like futures traders do on Wall Street. I thought, what about assets me the regular guy here might need in a day like… gas for the car? How do you store gas? Honestly any gas station anywhere. So what stops us from being able to just buy and sell energy as a credit as a person, then redeem that at any station with that energy? Yeah gas quality varies, that’s the premium, but for the most part gas is gas. It’s probably more complicated than that and I’m not an energy economics expert, but it’s an idea! lol
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