Bitcoin: the Catalyst that Accelerates Us to Type 1 Civilization
1. Background In near infinitely vast cosmic scope, human civilization is indeed very young. We as earthlings are indulged in neverending pursuit of material needs while advancing our civilization, but do we have a way to gauge how advenced our civilization is? What is the potential of mankind and how far can we go? In 1964, a Russian astronomer, Kardashev proposed a method of measuring a civilization's level of technological advancement based on the amount of energy they are able to utilize. Futurists and Scientists have since modified the original three types to various versions with different definitions. The most concise one is described below. Type 0 - From primitive hunting lifestyle to partial usage of home planetary energy such as wood or fossil fuel fire, this type is the beginning of a civilization. Population ranged from a few thousands to a few billions, energy consumption is between 10^6 to 10^15 W, with cities scattered around coastal area. Obviously all ...