Futurist Keynote Speaker: Posts, Slides, Videos -
Banks, Banking, Insurance, Fund Management
A single BitCoin transaction uses as much electricity as your home for a week.
Just as I predicted several years ago, we have seen billions won and lost in a gamble on volatile prices of BitCoin, without really understanding BitCoin limitations.
Here are some facts about BitCoin that will limit its future:
- It takes 94,000 kw hours at the time of writing to produce a single BitCoin
- 159 different nations use less power each year than BitCoin mining!
- That’s more power on this experiment last year than 2 billion of the poorest people used – 1 billion of which have no access to a national grid
- A single BitCoin transaction, logged in a BlockChain, burns up as much energy as your home for a week – so forget about using BitCoins as a global day-to-day currency
* "How AI Will Change your life - A Futurist's Guide to a Super-Smart World" - Patrick Dixon's latest book on AI is published in September 2024 by Profile Books. It contains 38 chapters on the impact of AI across different industries, government and our wider world, including the impact of AI on energy consumption globally, banking, payment systems including BitCoin.
Read more: The Truth about BitCoin Crisisfor secure payments - A single BitCoin payment uses as much power as your home in a week. Blockchain sustainability issues. Shocking truth on BitCoin carbon emissions - similar problems for all Blockchain sustainability
Futurist Keynote Speaker: Posts, Slides, Videos -
Future Travel Keynote Speaker:Auto, Rail, Aviation
Futurist Keynote by Patrick Dixon at event for Seminarium in ChileUpdate in July 2022 on this April 2021 travel industry forecast. Paris is heaving with tourists, Barcelona the same, while many flights between Europe and the US are packed to bursting. As I predicted would happen, a rapid bounce-back has taken place.
Along with manufacturing, retail and banking, the travel industry will be a fundamental engine of future globalisation, despite the huge impact of the COVID pandemic in 2020 and 2021. The reason is that human beings are genetically programmed to travel as hunter-gatherers, and have an irresistible urge to explore. (Written April 2021)
And as experience showed in 2020, whenever local, national or regional restrictions ease a little, huge numbers started booking trips almost immediately. This was all helped by global COVID passports - showing evidence of COVID infection in the past, or vaccination or very recent negative tests.
Just as I predicted in April 2021, we are now seeing pent-up demand, as people look to spend more than usual on holidays using saved up budgets during lockdown.
Therefore, whatever happens in the current pandemic, to the global economy, or in other world events, in general terms over the next 30 years we can expect the number of people travelling each day to grow dramatically as wealth increases, and as real costs of transport continue to fall.
Consider this: 85% of humanity lives in emerging markets, and most people in the world are still dreaming of taking their first flight one day.The greatest growth in travel will be within Asia, and in people from Asia visiting outside their own region. We will see a rapid increase in the number and size of regional airports, high-speed rail networks, and new roads.
* "How AI Will Change your life - A Futurist's Guide to a Super-Smart World" - Patrick Dixon's latest book on AI is published in September 2024 by Profile Books. It contains 38 chapters on the impact of AI across different industries, government and our wider world, including chapters on the future impact of AI on the travel industry including tourism.
Read more: Future of the Travel Industry post COVID. Bounce-back as I predicted for Aviation. What next for tourism and business? Why the travel industry will be an engine of global economic growth. Impact of AI. Travel industry keynote speaker at Seminarium event