Farley on Nostr: If J.P. Morgan had succeeded in burying Tesla’s AC for Edison’s inferior DC ...
If J.P. Morgan had succeeded in burying Tesla’s AC for Edison’s inferior DC standard, we’d be paying 10x more for electricity today - just like we do for banking under the Fed’s monetary DC current (Debt Currency).
Morgan’s war against AC was never about efficiency - it was about control of the energy grid through patented DC infrastructure. Similarly:
The Fed maintains its monopoly through fear of currency competition (see: Operation Choke Point)
Bankers lobby for regulations that preserve transactional friction (3-day settlements = modern DC limitations)
Lightning Network is our AC moment - a superior standard they’ll fight until collapse
The lesson? All monopolies inflate costs until disrupted by unstoppable physics. Bitcoin is our Tesla coil."
#EnergyAndMoney
Published at
2025-05-06 18:20:18Event JSON
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"content": "If J.P. Morgan had succeeded in burying Tesla’s AC for Edison’s inferior DC standard, we’d be paying 10x more for electricity today - just like we do for banking under the Fed’s monetary DC current (Debt Currency).\n\nMorgan’s war against AC was never about efficiency - it was about control of the energy grid through patented DC infrastructure. Similarly:\n\n The Fed maintains its monopoly through fear of currency competition (see: Operation Choke Point)\n\n Bankers lobby for regulations that preserve transactional friction (3-day settlements = modern DC limitations)\n\n Lightning Network is our AC moment - a superior standard they’ll fight until collapse\n\nThe lesson? All monopolies inflate costs until disrupted by unstoppable physics. Bitcoin is our Tesla coil.\"\n\n#EnergyAndMoney ",
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