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# Energy as Currency - T&M
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## Energy is universal, but the energy storage makes such a stake non-universal.
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The conversion of energy from one type to another is not frictionless.
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from PL - I’ve not followed the space-time thing and not sure I understand it.  But it seems important. We are all focused on money as a medium of exchange, but for many people money as a store of value is how they think of it (despite what the economists will tell them). Most people I think would be happy to accept a pension provision in kWh rather than an annuity in an uncertain currency in 20 years or so.  Perhaps one can shake up the life insurance/pension business. 
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... not quite the idea above, still related?...[Blockchain technology in the energy sector: A systematic review of challenges and opportunities](https://www.sciencedirect.com/science/article/pii/S1364032118307184)
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Bitcoin as an electrodollar
[The Interview - The Electrodollar: Venture Capitalism, Technology, and Silicon Valley](https://podcasts.apple.com/gb/podcast/real-vision-finance-business-the-global-economy/id1210383304?i=1000478879341) with Bill Tai
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## https://www.zerohedge.com/crypto/bitcoin-ultimate-representation-energy
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# Parents
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* Consensus mechanisms⏎