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“I see it as an alternative way of storing energy consumption. Consider an electricity company operating a hydroelectric dam. When they empty the water, they produce electricity which they sell back to themselves off peak at a low rate to refill the dam but sell onto the grid at a premium rate.“I see the production of cryptocurrency as an alternative means of storing value — it’s just that instead of it being water, it’s in a cryptocurrency.”Nutall also uses the invention of the motor vehicle...