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RE: A Real World Challenge for STEEMIT

in #africa7 years ago

Seems one of the critical elements to a lasting, sustainable solution is to bring in private sector knowhow to deliver increasingly affordable renewable energy solutions where the economics work. One of the challenges you allude to is customers' ability to pay. If they're poor, we assume they can't pay anything. Yet they have cell phones. They might not be able to pay a big monthly bill to a utility, which might not even get that bill right, but it's likely they'd be able to pay prepaid blockchain-enabled micropayments, possibly using apps on those cell phones they already have.

This would get around the issue of how to finance traditional grid extension (big generation projects attached to big transmission lines) and would enable the rollout of commercially viable microgrids, for which the technology is already available.

Affordability for the consumer AND the supplier leads to a sustainable commercial relationship.

Hope I haven't stolen your next post! 😉

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You can't eat a cellphone. And you can't eat prestige.

And a cellphone can't buy you love. Thanks to the pointless Kardashians and Paris Hilton shlebs out there, many young people have the impression that prestige buys you fame buys you wealth buys you love. Ah well....

You know where I got that saying from?

Nope - please enlighten me 😊😊

At university in America the staff striked and they said that. struck doesn't sound right. it was the staff of the cafeterias. the school's admin were like, the fact that you're working at Harvard is compensation in itself because itself because you can say you are working at a prestigious institution. So they said on their protest boards, the famous words I said to you.

Does my profile avatar on here look fat or like a bot?

Thanks for the Harvard background.

And your avatar? Like a cute, fat bot, @pjcswart 😉

No, but maybe we should jointly start a business!

Now THAT's an inspired idea!

The problem is not lack of knowledge

The problem is these leaders are making millions of dollars by the giant corporations to keep their people impoverished.

The World Bank wants Africa poor.

So the billionaire corporations do not have to pay them Market prices for the resources.