David Galbraith Profile picture
Sep 17, 2020 6 tweets 2 min read Read on X
Why the whole environmental narrative of reducing energy consumption is false. Zero consumption and the temperature rises for 40 years, then levels off, the ice melts, we die, the planet survives. theconversation.com/what-would-hap…
So we need to geoengineer (sadly) which requires progress, which has always correlated with increased energy consumption (probably has to, due to laws of physics), so we need to massively onboard renewables, so this energy consumption doesn't make things worse.
But bringing on renewables will take time so we probably need to ramp up nuclear as a stopgap. And we possibly need to turn the flywheel of battery use and electric car demands on the grid to bootstrap a different economic and structural model for the electricity grid.
So that we create an Internet of energy which will massively align incentives and accelerate innovation, just as the Internet model did for communication.
This Internet of energy needs to be a network of networks with packets. In this case the grid would be fractal, a mesh of grids with free pricing and no set feed-in tariff or hierarchy. Anyone could setup a microgrid and connect to another. And batteries would become the packets.
This requires a complete mental shift, moving away from the passive, neo-luddite view of reducing consumption (which is attractive and nostalgic but on balance, dangerous) to one of action, progress and forward thinking.

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More from @daveg

Nov 20, 2022
Here is a recipe for how to build a place like this. Importantly, it has to be a recipe, not a design.

Establish a simple hierarchy like the human body: a head (here, the cathedral), and the rest. At building level either consciously use symmetry or consciously break it.
Have squarish spaces between buildings for people to interact. Put trees in them where possible.
Prioritise pedestrians over bicycles and bicycles and motor scooters over cars. Remove on street parking and remove bicycle lanes where spaces can be pedestrian first.
Read 9 tweets
May 4, 2022
Fantastic thread. Why movies are full of recycling franchises like Marvel while innovation in indie fringes doesn't percolate up. I suspect reason for this is the following:
Mainstream is hyperconnected, over-dense network (groupthink, ossified) and is potentially disrupted only when overall network becomes a small world one (goldilocks area between connected and Balkanized) and stuff that appears in the creative niches can bubble up to mainstream.
Reason it isn't bubbling up to mainstream is that niches have also been hijacked with their own form of groupthink (Taleb's tyranny of the minority), meaning that alternative though or creativity is suppressed where the niches are in open forum or connect to the mainstream.
Read 6 tweets
Aug 4, 2021
1. Crypto is a technical solution to pure Internet infrastructure, it can’t prevent laws against it. Financial services consist of a technical and regulatory component.
2. The adoption of Internet based currency tokens by central banks uses a crypto based technical solution to replace banking rails with the Internet. It doesn’t use the crypto aspect for regulation so is not decentralised.
3. DeFi extends crypto solutions to financial products and ownership more widely. Financial products are basically fungible contracts and ownership, transferable non fungible ones.
Read 8 tweets
Apr 12, 2021
China's digital currency, what does it mean?

1. Coins & notes can be replaced by digital and govt now has a way to funnel cash directly to citizens, UBI style.
2. Bitcoin is not challenged much by this. It is digital gold and truly decentralized.
3. Yes it is a step away from dollar hegemony because...
Read 10 tweets
Apr 7, 2021
The end of growth .
1. The growth in number of Internet users has halted.
2. Our attention is saturated.
3. Toxicity on social media creates reverse network effects.
Read 17 tweets
Apr 7, 2021
Coinbase is like Netscape. It's a well designed UI on top of a new network (Bitcoin/web) created using a new protocol (Bitcoin spec/HTTP). It's worth more than Netscape because it holds currency but maybe it should be valued based on financial services, not tech stock growth.
Like Netscape and unlike, say, Facebook, it doesn't own its own protocol. It's not a platform in the traditional sense.
Now you could argue that Coinbase is like Google which sits directly on the web and therefore doesn't own its own protocol, but Google monetizes its traffic not its deposits or their transactions.
Read 6 tweets

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