As energy has a usefulness and intrinsic value that even gold lacks. It could be traded anonymously like cash like batteries as dollars or as energy storage and quick and efficient transfers becomes smaller and more convenient. Im thinking specifically electrical energy with batteries and capacitors but even gas could be used.
It could be created by individuals with solar panels or bike mounted generators. It could be stored as potential energy in large amounts as heat or pressure and then converted back to electrical energy when needed. It could be networked for large transfers. There could even be large banks that hold energy as a business, but they would not be able to lend more than they hold. Private individual energy storage would be the most secure from government or other seizure obviously.
Wheres the flaw?
yes, but you would have to extent the outlaw on free energy technology to keep your economy going
What free energy tech? First to develop it would be rich, right? Win-win?
First to develop it would get rich, attempt to create control, and would employ murderous efforts to keep the 2nd from developing it. War would ensue, the technology would be leaked, more would develop it, and you'd be back to gold in no time.
Are we afraid they would flood the market with energy, making driving, heating, and growing your own food super cheap?
The fact that someone could use free energy to gain power has no relevance to energy as currency the way I see it because free energy could be sold for other currencies right now. The difference would be that you could walk around with something in your pocket with value that anyone of us could use without government control.
the point is that it's a dumb idea and it won't work. You can't "sell" free energy. You can sell machinery to transmit free energy, but you can't meter free energy. There's no monopoly to be had. Thus no one who controls the previous monetary monopoly would allow this technology to develop.
That's why JP Morgan pulled his funds from Wardencliff Tower. That's why we have the petrodollar to this day, and we we're not flying through the air using free energy.
Check out some of the history regarding this stuff, none of it's new.
Unfortunately human nature has a very large say in what happens on this planet.