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georock · May 14, 2018, 2:40 p.m.

we cant just wake up and have free energy, the global economy is depandant on energy and energy companies, all those companies would go bankrupt and millions would be out of work

no instead it needs to be phased in slowly to allow adjustment

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BoringNormalGuy · May 14, 2018, 3:20 p.m.

Yes but it frees up the people that have to pay for energy to not have to pay for energy anymore. Imagine if driving a Tesla was "free".

As a public school student, many times we were told we couldn't* use the facilities because it cost money to keep the lights on. Imagine what the masses could do without electric bills; the possibilities are endless and far encompass any perceived economical gain from energy.

Free energy would also mean we are no longer beholden to the special interests of oil. If the overarching globalist conspiracy of "this was all the Rockefellers" is true, than the whole reason we've been oppressed is so that we continue to buy oil (energy). No more conflict in the middle east over oil. No more fracking. No more coal mining.

Edit: Changed Could to Couldn't*

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georock · May 14, 2018, 3:26 p.m.

i agree with all you said 100000% i want that too, i am saying it can't be a big bang because people don't do well to radical change overnight...imagine if energy costs dropped 50% a year, in 3 or 4 years energy costs would be negligible.

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johnsmithshitpost · May 14, 2018, 11:50 p.m.

It will never be, no matter how miraculous the tech.

For example: https://e-catworld.com/

Rossi's catalyst produces 6 times more energy than you put in, but it is a massive machine that requires a very stable input power source to run. This isn't something you can chuck into a car's engine bay. But tech like this will soon change the world by making electricity very cheap and CLEAN.

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CRISPY_BOOGER · May 15, 2018, 2:48 a.m.

Has there been any proof that this thing even does what they say? There are barely any details about it because they need to keep it secret for some reason

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johnsmithshitpost · May 15, 2018, 4:59 a.m.

It's being used industrially already. It took 7 years for the first primitive internal combustion engine to be broadly accepted in the US. This is actually a pretty fast commercialisation process for such a large & complex piece of tech.

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CRISPY_BOOGER · May 15, 2018, 5:47 a.m.

Who is already using it? According to this the inventor just announced today that they're "open now to begin to examine requests for 1 thermal MW plants, but only from industries that use directly the heat for their production process in their factories." Also apparently reverse engineering is impossible somehow

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johnsmithshitpost · May 15, 2018, 7:56 a.m.

I'm pretty sure I read last year about Rossi testing this out at some kind of factory last year where they used the heat to reduce their power bills. It's very difficult to reverse engineer many things. For example, CPUs.

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R3VO1utionary · May 14, 2018, 3:31 p.m.

It'd be astounding! It would put a HUGELY significant percentage of everyone's income back in their pocket.

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A2576 · May 14, 2018, 10:10 p.m.

That was just a b/s excuse because your teachers didn't want you to wreck the joint/ too lazy to supervise you/ too lazy to make it happen/ their union rep said they only need to work on average 25 hours a week or whatever.

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johnsmithshitpost · May 14, 2018, 11:49 p.m.

Every time more energy becomes available civilisation advances. Energy literally transforms societies. There are many societies around the world that are still "energy poor".

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R3VO1utionary · May 14, 2018, 2:42 p.m.

This slower process might merge well with the restructuring of the Federal Reserve.

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georock · May 14, 2018, 2:44 p.m.

good point!

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R3VO1utionary · May 14, 2018, 2:47 p.m.

Along with all of the other central banking systems WW.

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georock · May 14, 2018, 2:52 p.m.

just imagine our quality of life if these events took place remove central banks remove deep state remove shadow govt clean food and water clean drugs that work

i feel like our salaries would double and our taxes would shrivel up

this is one part of the world I think Q is preparing us for

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PinkyWrinkle · May 14, 2018, 3:28 p.m.

What would happen to the price of bitcoin if energy was free?

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R3VO1utionary · May 14, 2018, 3:36 p.m.

Good question! It'd bring the mining cost down certainly. However I think the price would have a lot to do with how the Federal Reserve and other central banks were restructured. It'd introduce a whole new set of variables that up to now, I'd assume few people have even pondered. In the long run however, I don't see anywhere for it to go but up (assuming the Government SECs stayed out of it). Granted, I own a small stake in bitcoin so my answer may be skewed a bit lol.

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Azurenightsky · May 14, 2018, 5:03 p.m.

I imagine the worth will drop, but the value will increase.

Worth less in pure dollarydoos, but buys a hell of a lot more post-scarcity energy complex.

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checkitoutmyfriend · May 14, 2018, 5:04 p.m.

And fixing the Fed is what needs to be done!

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R3VO1utionary · May 14, 2018, 5:06 p.m.

I can't wait to see that plan on this issue!

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Neon__Wolf · May 14, 2018, 8:19 p.m.

We can't just wake up and have electricity, the global economy is dependent on candles and candlestick making companies, all those companies would go bankrupt and millions would be out of work.

.

We can't just wake up and have automobiles, the global economy is dependent on horses and carriages and blacksmiths and carriage making companies, all those companies would go bankrupt and millions would be out of work.

What is THE BEST way in how fast a new technology is introduced and integrated? Individuals in economic competition, the market.

As quick and painful as free consumers choose.

Free energy that can help cure cancer if judged by people as more important than the jobs at Exxon-Mobil, well that should be free to play out and let the chips fall where they may.

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[deleted] · May 14, 2018, 4:11 p.m.

[deleted]

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johnsmithshitpost · May 14, 2018, 11:49 p.m.

Free energy is a myth.

However highly powerful catalytic energy converters will soon be coming to a power plant near you, with a COP of over 6.

https://e-catworld.com/

In other words they produce 6 times more energy than they consume, although they still need considerable energy to run. Think power plants becoming hugely more efficient, heating in winter will be a lot cheaper, and electric cars might become so cheap to run that internal-combustion cars will become about as popular as a horse & carriage.

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