There's a second difference. When the collapse happens bitcoin has no functioning floor to its price. Gold however will settle to where it was before speculators went batshit crazy with it as its industrial uses and general desirability set that price.
Money is pretty similar, if people don't want it the value collapses to nothing
People don't want money... in what world? No most of the problems with money have typically occurred on the supply side. Virtually all examples of currency collapse are due to government financial mismanagement.
but the difference is there are evil entities constantly reducing its value
Tell us you don't understand basic economics without telling us. A currency which doesn't depreciate (slightly, the ideal target is 2-3%) causes economic depression as it promotes hording rather than being used to transfer wealth in a way to promote economic activity. There's nothing evil about currency reducing in value, it's actually to your benefit, but only if you're not a moron who thinks that an "investment" is stuffing cash into a pillowcase.
Price of silver has also dropped about 50% since it's peak in January. Yet, silver is valuable as both a monetary metal and industrial metal.
50% drop in the value of an asset is not that unusual.
False narrative, silver hasn't dropped beyond it's long term average price. In fact it's still trading double what it was last year. The monetary and industrial uses set the *floor* for a price, it doesn't preclude the ability for idiots to use it as a speculative investment.
What is this bitcoin crap and how does it relate to the only coin which matters: $TRUMP?
But is it webscale?
and what the official Vote Leave campaign was promoting bore little resemblance to what was actually negotiated
That's what typically happens when your entire campaign is exclusively built on a foundation of lies.
You do if you said you d said beforehand you d honour the result like cameron did.
No you don't. Firstly politicians lie. Secondly you're reconning it, Cameron didn't say that, and if he wanted to say that he would have simply made an actual referendum rather than an advisory one. Thirdly Cameron resigned anyway, so literally the worst that could have happened did happen anyway and had he actually said the thing you claim he said, he'd literally be in no worse place.
What part of "if I ruled the EU" did you not get? Guards! Lock him up.
Presumably the part where you don't understand what the EU is given you think that trade agreements have a ruler.
V2G is user configurable until they push an OTA update and then it isn't.
So then unplug the car?
Maybe I'm just a pessimist
My friend you're far worse than that. You're tethering on the edge of truth seeker territory (I heard conspiracy theorists don't like that term anymore).
In any event, I'd welcome being able to use my car as a giant battery bank to power *my* house / refrigerator / heater in the event of a prolonged power outage. Everyone else can suck it.
That's called V2L and it also exists. Enjoy paying more for electricity than those who can use their spare storage to sell to the grid at inflated rates. You do you, other people will take the money you left on the table due to some what-if scenario.
I shouldn't have to explain this, but EV batteries are vehicle specific. The main reason early Nissan Leafs are junk yard fodder is because it's just not cost effective to put a brand new battery in them, and there's not enough of the cars for competition to kick in and do its thing at making the batteries cheap.
Except car batteries are cheap. If I went out today and priced a home battery system the same size as the battery in my car it would come to roughly 4x the cost of a replacement car battery through the dealer. People wildly misestimate just how fucking massive batteries in cars are.
Here's an example: Last year there was a cyclone which knocked out the power in SEQ in Australia for a couple of days. One of my friends had a V2L car, plugged it back into the house (they have some nice changeover switches, courtesy of being an electrician and from country Australia where off grid houses aren't so rare). They ran the entire house from the car for 2 days, and barely went through 10% of the car battery, that includes cooking electric, running an AC (it was January), and running a fridge.
That should also tell you something about the use of the battery here. Your car isn't going to get drained dry, these V2G initiatives only pull a trickle out of the vehicle and basically contributed fuck all to battery degradation. Unless you're running a taxi service your car is going to go from having never have its battery replaced throughout its life, to never having it's battery replaced throughout its life. In the mean time, you're paying top dollar for a home battery ignoring the perfectly good cheap battery parked next to it.
I'm glad you did explain this, it provided you an opportunity to share your misconceptions.
Wear. It is similar to a charge cycle.
It's not. The V2G use is incredibly shallow and while it "wears" the battery, it does so at a completely irrelevant pace.
If it did that daily for even something small like 20kWh, that would be more than 7 times as much wear as my average weekly driving. No thanks.
Given the lengths of your average weekly driving it would result in your car going from being scrapped due to mechanical defects to being scrapped due to mechanical defects. 20kWh daily load on a vehicle is not out of the ordinary for drivers representing a round trip slightly above the average daily commute distance. Data from the taxi industry has conclusively shown that you can put 4x that energy cycle on your battery every day and your battery will still outlive your car.
Nice theory, but back in reality:
- The additional ware is minimal, the V2G current is minor compared to you stepping on the accelerator or the brake. These systems already exist (GM is late to the party here) and there's no evidence of massive car battery degredation.
- There's zero risk involved. It's your EV. You set the parameters of how much can and can't be discharged. If your car is empty it's because you fucked up.
- Depending on rates the payment for dynamic energy export can be incredibly lucrative.
- Downgrading range is okay for many people. People masturbating over range numbers are ultimately those who are unable to apply thought to their situation. Yeah there are those who need a long range vehicle, but the vast majority of people don't. (My own car is 30% full right now, and I just can't be fucked to go plug it in, I'll probably plug in at work on Monday or Tuesday.) A car with half the range will still be just as suitable for me and 99% of people out there.
Why? Do you drive 150miles to work? My car battery is currently 30% full, well below half, and I can't be fucked going to plug it in. I'll probably do that on Tuesday. In any case, all V2G systems are user configurable. If you are dismayed it's because you yourself screwed up and set the system to allow it to discharger more than you wanted. You should go tell yourself to stand in the corner and think about what you did.
and that GM took profit out of that, to boot!
100% of V2G setups result in the end user getting paid for electricity. The fact that a middleman makes profit is hypocritical, especially in America where you can't even fathom the idea of buying something without having a credit card company sitting in between.
Why would you throw out your car if it has a dead battery but be okay with replacing a stationary battery?
I think the actual news here is the 410wh/kg battery. It is a good increase over the 300wh/kg top of the line batteries available.
We already have batteries with higher power densities. In fact CATL released a 500Wh/kg battery back in 2023. The problem is they are expensive, and thus haven't found a market in cars, homes, or grid solutions. Economics change a bit when talking about aircraft.
It's not a density breakthrough we need, it's a density breakthrough that doesn't sacrifice many of the other specifications that are important to using a battery.
"Once they go up, who cares where they come down? That's not my department." -- Werner von Braun
