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?
Am an Engineering student.
Energy as an intrinsic currency would be a really bad and dangerous idea. Energy @ 1kilo watt hour is about .20$ A phone battery has about 10 watt hour (about 1/5 cents) Ever seen a phone explode? That mess. In your pocket. And its a fifth of a cent's worth. Walking around with 20$ would be the same as walking with a bomb
I beleive energy currency (like physical batterys not cable network), is either worthless .002$ or suicidal.
Haha good point.