Skip to main content

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

Comment Preferences

  •  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