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They don’t want us to have chap energy because it’s deflationary.
But thanks God we have bitcoin and we can finally experience hyper-deflation!
nuclear is very expensive compared to other sources
😂🎯
Good analogy
No such thing as nuclear power. Just saying.
Expensive in Fiat terms or Bitcoin terms?
I heard a theory that the real reason is because developing nuclear energy is one step away from building nuclear weapons. So they want to keep nuclear energy away from some countries so they don’t get to close to developing nuclear weapons. But I don’t know how true this is because I don’t know anything about nuclear so.
I think it was Peter Thiel but don’t remember which podcast.
They didn’t choose a much safer version of nuclear (thorium) back when they first started building them. They instead went the tech tree route that also unlocked nuclear weapons.
Nuclear power isn't going anywhere. It's just being restricted in certain nations as part of a controlled demolition of White western civilization.
We also expect costs to go down as a technology matures, yet over the first 30ish years the costs of generating a watt of nuclear energy went up two and a half times in constant dollars. A cynic might wonder whether other energy industries may have lobbied for onerous regulations in order to limit the impact of this cheap new source.
I'm looking forward to scaler physics and new forms of energy. Well new to us.....
We haz the Better Magic.
Just posted about it 🫡
probably even more expensive in BTC because of high upfront costs, long build times and financing higher than Fiat. Compared to solar where you could build in small charges and get a return quickly
Very simple. That was the major Cold War build up. Very difficult and uneconomical to produce bomb grade material from a thorium based system. Also US military was in charge of nuclear energy use at the time.