Countries with an energy surplus can export crypto tokens, but they can often export more stable and useful things instead (aluminum, for example).
So I'd have to add a stipulation: it's for people in countries where people have access to surplus energy, but don't have access to better ways to export the energy.
What’s the distinction? Of course in both cases when you say “the country has an energy surplus” or “the country can export something” you’re actually talking about people in the country.
> when you say “the country has an energy surplus” or “the country can export something” you’re actually talking about people in the country
I'm not.
In most developed countries, energy is one of the following:
- nationalized
- "privatized" (e.g. Russia, where the companies are partially govt-owned or the oligarchs are Putin cronies)
- privatized oligopoly
In any case, unless the government or the energy company wants to go into mining, the surplus can't just be transferred into mining.
So the question becomes, does the energy surplus actually translate into lower prices for consumers, and the consumers can then convert it into assets?
That's what I meant by "people": do the consumers of the energy actually have a way to monetize the surplus?
So I'd have to add a stipulation: it's for people in countries where people have access to surplus energy, but don't have access to better ways to export the energy.