Skip to main content

View Diary: The Problem with Crypto-Currencies and Why SolarCoin is Different (124 comments)

Comment Preferences

  •  this whole diary just sounds like an infomercial (1+ / 0-)
    Recommended by:
    nuketeacher

    "Send your money NOW!!!"

    The aroma of SCAM hangs heavy over this whole crackpot scheme.

    Mingled with the smell of libertarian looniness.

    In the end, reality always wins.

    by Lenny Flank on Sun Apr 13, 2014 at 06:36:24 PM PDT

    •  To the Contrary (1+ / 0-)
      Recommended by:
      jbalazs

      Lenny, PLEASE DO NOT send any money.  You aren't ready for it and nothing we can do or say will change your attitude.  That's OK.

      I sincerely hope you will find another way to help get the world off of fossil fuels and onto renewable energy sources like wind and solar.

      Ted Cruz: The second coming of Christ, but not Reagan (yet).

      by nuketeacher on Sun Apr 13, 2014 at 06:50:14 PM PDT

      [ Parent ]

    •  Sigh. n/t (1+ / 0-)
      Recommended by:
      nuketeacher

      You are completely and utterly wrong. But you're entitled to your opinion. I'll leave it at that.

    •  It depends on how they describe themselve. (0+ / 0-)

      If they describe that each Solar Coin equal to 1 MWh of Solar generation, and only issue Solar Coin base on that criteria, there's no SCAM here.
      If you're buying a Solar Coin, it means that you're purchasing an equivalent of 1MWh worth of solar power. If you want to use it as currency, you need to have find someone who value it the same as you do.

      However, if you just want to reward someone for generating solar power, you can also just take the coin and not use it (remove it from circulation). Which, in essence, is a form of donation.

      Basically, what I'm trying to say is, when you boil down to it, Solar Coin is a form of donation to people generating power through solar.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site