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Dr.𝕏 Profile picture
@DrXert
Jul 1 • 5 tweets • 1 min read • Read on X
I propose 1 kWh is established as novel currency of new energy-based global economy & its symbol denominated by '§1'
(§ is paragraph symbol but represents new currency here)
We'll name this new currency 'paragra' & fix its value, ie convertibility to natural energy unit 1 kWh.
One paragra is set to be equal to one kilowatt-hour.
(Just like gold was used to fix currency convertibility, here we use natural energy unit as currency convertibility.
§1 =1 kWh
Price of kWh energy in any currency will determine price of one paragra in that local currency.
Should price of 1 kWh vary in different markets/times, so will price of one paragra in given currency.
Paragras will be issued by World Bank. Central banks will be able to buy paragras against their in-kind redemption guarantees/commitments backed by their nations'
proven/estimated energy reserve stock. Analysts will calculate NPV of future cash flows expected energy production fm such reserve stocks to estimate book value of such central bank commitments but eventually markets will decide actual price of 1 kWh & hence one paragra (§1).
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More from @DrXert

Dr.𝕏 Profile picture
Jul 1
Now this new currency paragra opens whole new evolution avenues for economies
It will establish new exchange rate test.
'Paragra rate' of any currency will be best indicator of that local currency's true value since energy is perfect commodity, standard & universal. Paragra rate
will be much better than Big Mac rate.
Energy will be bought & sold everywhere by simply trading paragra.
There'll be Paragra derivatives, futures, options, etc.
Energy producers/reserve stock holders will be able to sell their current & future production in Paragra markets.
Energy reserve stocks will be monetized & sold as development/investment projects creating energy reserve shareholders.
Paragra market size will probably reach hundreds of trillion paragras.
Plus many many others ..
Read 4 tweets
Dr.𝕏 Profile picture
Jul 1
This new reserve currency is essentially World Bank money denominated in 1 kWh of energy (=§1). It's energy money. It monetizes redemption guarantees issued by central banks backed by nations' energy resource stock measured in kWh (=§1) units. This currency fluctuates
against $, €, £, ¥, etc as markets view each country's energy reserve stocks & cash flow associated. It's possible to calculate NPV of these cash flows & hence attach estimate to, say $1/§1 rate (ie $1/1 kWh), but actuals will vary based on market dynamics & realities.
Hence $1/(1 kWh) will vary fm day to day, markets to markets etc .. Countries will still use their local currencies for economic keep but Central Banks will set part of their reserves as assets measured in kWh energy (ie §1). For example one central bank reserves will include
Read 5 tweets
Dr.𝕏 Profile picture
Jul 1
Central Banks will provide 1 kWh in-kind energy redemption guarantee/commitment to World Bank to buy World Bank's 1 kWh energy note (§1) by virtue of present value of cash flow fm their country's proven/estimated energy resources (all kinds incl renewables).
World Bank's 1 kWh (=§1) energy notes in possession of Central banks will be counted against that country's net international reserves backed by country's proven/estimated energy resources incl renewables.
Hence this post proposes novel reserve system mechanism based on new resource-based reserves instead of traditional cash reserves to ease strain & drain on cash based international reserves currently held by countries.
Read 4 tweets
Dr.𝕏 Profile picture
Jul 1
I posit that world's reserve currency in 10 years will be energy.

Energy is money.
It's standard.
kWh is it's unit.

It's ubiquitously
- Store of value
- Unit of exchange
- Unit of accounting
- Unit of risk

Universe uses it as its currency
I suggest we use currency sign '§' for energy unit of kWh set as

§1=1 kWh

Exchange rates against §1 will be set for oth currencies

§1=$___
§1=€___
§1=£___
§1=¥___
etc ...
@Grok says
The post suggests energy, measured in kilowatt-hours (kWh), could replace traditional currencies as a global reserve within a decade, aligning with biophysical economics theories from researchers like George Mobus, who argue energy underpins all economic activity,
Read 10 tweets
Dr.𝕏 Profile picture
May 23
Not in way u think. End of time means time stops to flow, there's no change, nothing moves, it's same time till eternity, last 'instant' replays nonstop, time enters into infinitesimal loop repeating itself over & over again. That's end of time. That's how time disappears.
Time stops/ends when total entropy in universe maxes out, no new entropy is produced, no new equalities r/established, everything is identical/equal/same, there's no variation/change, difference is eradicated/wiped out, universe freezes & motion becomes impossible.
As universe expands & cools, it's entropy keeps increasing & passage/flow of time keeps slowing. When universe cools to its lowest temperature (zero Kelvin), entropy maxes out & tile flow stops.
Entropy is produced by destroying energy. In fact entropy is dead energy.
Read 13 tweets
Dr.𝕏 Profile picture
Jul 30, 2024
Observation is misnomer. They mean interaction.

Unless one interacts w/another of same kind*, they won't know* of each other.

*kind = group & intragroup activity/exchange/transaction (group theory)

*know means change one cause/prompt on oths (equal & opposite change/action)
When I observe, it means I've new info, my info stock/state has changed something changed it, caused it to change, acted on that stock/state. That's action. But just because I've interfered w/that thing's info state/stock, it means I've acted upon it & caused that change. Hence
that's mutual action, I've now parted something FM that thing, & it has parted something fm me. We've mutually changed each oth's part, hence exchanged, hence interacted, hence transacted.
Read 12 tweets

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