Blockchain Papers

Alexander Petznek

This pamphlet argues that the fiat monetary system is fundamentally incompatible with the deflationary nature of technological progress. It proposes an Energy Standard — a decentralized, blockchain-based currency backed by physically produced kilowatt-hours — as a thermodynamic anchor for money in the age of AI and robotics. Drawing on the Austrian School of Economics (Mises, Hayek), game theory, and thermodynamics, it analyses incentive structures in energy markets and makes the case for a market-driven ecological transition without state coercion.ditigal: petznek.at/pamphlet