Bitcoin Based Cap and Trade

New video in the Youtube Bitcoin 101 series about a crazy idea to develop a Bitcoin-based global CO2 cap and trade system called Sno Cap.

I just saw this at the Reddit Bitcoin forum. I have no idea if it might work. But just like Bitcoin itself is creating a global currency based only on the power of mathematics, it might just be possible to create a global cap and trade system based on the Bitcoin global public ledger.

Anyway, as someone with a strong interest both in Bitcoin and global warming issues, this obviously deserves some attention.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003, lenzblog.com).

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