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Comment Re:That's the best reason to buy bitcoin (Score 1) 70

Requirements for banks to report questionable transactions became a lot more serious _after_ the change to Euro was completed.

That's bollocks. I was living in France when it happened and there were strict limits on changing Francs to Euro well in advance of the actual switch; they knew there was plenty of money stuffed in mattresses & teapots.

It caused a short term boost to home renovation & antiques market.

Comment Re:Reads Like An Ad (Score 1) 193

Given what? "Renewables" do not provide base load.

The "battery advances" are exciting for cars, but not for letting a 3 GW wind farm act like a 1 GW base-load power plant. That would take a million PowerWalls. literally.

Yeah and that's not eve the big problem. The big problem is getting a solar farm on high (or low) latitudes to deliver power in late winter. Forget about batteries. We're going to need something like a huge underground lake filled with diesel. One of those for each solar farm.

Intermittent power sources really call for a global electric grid with near-zero power loss. Anything short of that will probably never be good enough to completely replace fossil and nuclear power at high latitudes.

It's 2016. Where is my affordable room temperature superconducting wire?

Comment Re:YES ! (Score 1) 27

I've been married to this material for three decades and didn't know it. Also, graphene (100x strong as steel, magnetic) interlaced by silly putty is a good description of the wife.

That might not be a good thing. FTFA:

"If you touch it even with the slightest pressure or deformation, the...resistance will change significantly,"

Comment Re:WAIT let me guess (Score 1) 193

50 years?

Let's assume they have the science-scale reactor actually working and can run the thing for a few hours at a time at a net-positive power output. They've reached the stage where it seems well understood and demonstrate the technology actually works and they're ready to build a demonstration plant capable of feeding the grid with 100 megawatts.

Figure, what, 10 years for funding, design, construction and then another 5-10 years of operation and the inevitable debugging of minor issues associated with scaling output up to higher amounts.

Now we've really shown it can be done as an actual utility. I would expect at this point they would have the attention and interest of governments and commercial utilities interested in building a plant at true utility scale, say 5 GW.

The still-present risks and inevitable red tape would probably mean that only one plant would be built and probably would take from start to plant operation maybe 10 years. I'll be generous in assuming scaling up involved minor but relatively easily recoverable glitches.

So now we're at 30 years and we have a single utility scale plant. Maybe after 5 years of continuous and successful operation it would really seem to live up to its promises and we'd get a gung-ho, all-in attitude towards it and start parallel construction of more plants.

So it'd be 50 years before we really saw a major amount of power being generated.

Comment Should have a Deep Impact.... (Score 2) 193

given that among the authors of the Nature paper are R. C. Wolf and C. Biedermann. This Wolf-Biedermann project will of course produce high energy neutrons which must leave magnetic confinement in order to provide useful energy. When these neurtons strike metallic shielding material in the walls of the "stellerator" they generate radioactive elements via the process called neutron activation. And these radioactive elements release gamma rays, alpha and beta particles, x-rays and other components collectively referred to as radioactive waste. So when this ad from the 1950s claims there will be no radioactive waste, it is not telling the truth.

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