this post was submitted on 21 Nov 2023
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[โ€“] [email protected] 3 points 11 months ago (4 children)

so... anyone who performs electrolysis/can crack water and capture the hydrogen devalues the bank's issuing currency?

[โ€“] [email protected] 23 points 11 months ago

You must have some strong opinions about sperm banks

[โ€“] [email protected] 14 points 11 months ago

Think the idea is to build a good supply of hydrogen as a resource, not as a store of wealth or a currency.

[โ€“] [email protected] 3 points 11 months ago

Hyperinflation. Just add water!

[โ€“] [email protected] 3 points 11 months ago

Uh, this isn't anything like a bank in the traditional sense... They aren't using hydrogen as a currency or anything like that. This article is pretty unclear on what the "hydrogen bank" actually is, but it seems to be about promoting the development of hydrogen based technologies by, for instance, issuing loans for funding hydrogen related research.