RE: Energy Returns System
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Dang, I'll be honest when I first read the headline, I thought this might be an article about having unlimited energy in Splinterlands!
The hierarchical incentive is for the profit for shareholders, not for the wellbeing of stakeholders.
Yeah, I wish I had considered this more before going back to school for a finance degree (in Texas). When I graduated, I was mostly recruited by energy companies and investment banks. YUCK! I never took a job in finance. Instead I moved to Colorado and helped a friend start a CBD/Hemp extraction company. Free energy and UBI would go hand in hand.
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I actually think there is a market for being able to sell energy. For instance, if I finish in C1 today (I did!), then I can sell the next 24 "champion energies" I get at below market value, say 400 DEC instead of 500.
Yes, to an extent. It would mean that people could use their "ubi" energy to purchase, but there can still be incentive to add value in to valuable innovation.