Jonathon Keats – April 12, 2012


“Currency Exchange” by Jonathon Keats

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Jonathon Keats and Anthony Miler installing

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The crowd

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Jimmy puts the tools to the test

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Jonathon Keats

Monetary Instability To Generate Alternative Energy At Rockefeller Plaza

A new data processing center in the basement of 20 Rockefeller Plaza will be the world’s first computing hub powered entirely by international currency exchange. Starting on April 12th, all energy will be generated on location by swapping ions between newly-minted US cents and Chinese fen.

“Money is inherently unstable,” says experimental philosopher Jonathon Keats, chief architect of the pioneering enterprise. “Currency traders have learned to play the market for their own financial gain. At Rockefeller Plaza, we’re looking at currency fluctuation as more than a mere abstraction. We’re actually putting money to work.”

The monetary instabilities exploited by Mr. Keats are metallic. Fen are made of aluminum and pennies are clad in copper, a combination of metals susceptible to galvanic corrosion when the coins are submerged together in seawater. As the coins exchange ions, the chemical reaction produces electric current which can be tapped and run through a circuit.

“You can think of it as electro-chemical arbitrage,” says Mr. Keats. “And it works equally well in bull and bear markets. With our current setup, using several dozen cells filled with saltwater from the Pacific Ocean, we’ve generated as much as 18.7 volts.”

That’s enough electricity to power all three computational units of the data processing center, on a total budget of under three dollars. Each unit is capable of performing a range of mathematical operations, such as addition, subtraction, multiplication and division. Output is nearly instantaneous, though results are currently limited to eight digits.

Mr. Keats anticipates a global future for electro-chemical arbitrage. “For instance you might wire up an aluminum Japanese yen with a copper 50 ore from Norway or a steel Indian rupee. Or you could connect a steel 5 piastres from Egypt with an aluminum Thai satang.” According to Mr. Keats – who is already discussing a branch office in Hong Kong – the combinations are almost endless. “By enlisting our differences, we can address the financial and energy crises at once.”

PRESS:
-http://www.economist.com/blogs/babbage/2012/04/energy-cash

-http://news.discovery.com/tech/ulitmate-currency-exchange-120314.html

-http://bigthink.com/think-tank/financial-instability-as-an-energy-source


-http://news.yahoo.com/making-money-using-coins-generate-electricity-142404652.html

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Video of “Currency Exchange” by Jonathon Keats

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