Hacker News new | ask | show | jobs
by pastProlog 3531 days ago
> Battery technology is a lot like bitcoin and gold in that once it is manufactured, users are not dependent upon a state controlled centralized network for it.

Gold is just a commodity, it does not have any magical properties. Since gold is durable, uniform, divisible and portable, it makes a good currency.

1 comments

I think the point being made was that governments don't produce gold, and they have a much harder time controlling it.