ROFL! Ramsey caves in. Greed and a rose-colored view of the world beats a bit of fear eh? After biking through mosquitoes, you now intuitively know that people are going to work really hard to avoid going back to the stone age and the gold standard, or paper Fed money backed by the power to tax. The future of humans is in the world of Mighty-Q and their ilk. Stores of value lie in productive enterprise, not stone age trinkets like gold and fascist powers to tax and enslave populations [oops, where's the pit bull? C'mon Rover, come play chase the ball on a lovely sunny NZ beach. No biting the ball though.]
When the gold bugs try emailing their store of value to somebody else through encrypted technology, they'll find the gold conductivity interferes with the signal and their gold will get lost. But emailing a couple of Eudora-encrypted Mighty-Q shares in payment for a cellphone, or a few more for a new car will be a doddle.
NF, forget about Ballard for cars. Maybe at most buses. The batteries are simply way too expensive. Cities can best clean up by getting rid of diesels, [or requiring particle filters and measured clean emission] and going to low aromatic, high octane, spark ignition systems. Better still turbines for buses, with flywheels. The physicists who started Compaq Computer took off a couple or 3 years ago to develop turbines and flywheels for vehicles. That is a supersonic absolute investment winner if you can attach your dollars to it.
Getting rid of crusty old cars would be good too. Is this too off topic?
With better wireless systems, people will have far less need to travel, so that will relieve congestion and pollution while saving heaps of time and money.
Welcome back to the real world of productive assets Ramsey.
Mqurice |
