Posted on 12/26/2013 7:11:38 AM PST by count-your-change
Don’t ask me, I don’t even think he has a working prototype.
Rossi was claiming to have sold a dozen of these gadgets in November 2011, and promised to name an actual customer then. He never provided any evidence that he has such a product.
The only actual evidence of an actual business are the chumps who bought “franchises” in 2012, and who haven’t been able to get their hands on an actual gadget to sell.
It’s also worth noting that Rossi was convicted and given an 8-year prison sentence in Italy in 2000 for business fraud.
This is clearly an investment scam. Later this year, his investers will see their licenses expire without ever seeing a working gadget. Expect the lawsuits for fraud to begin then.
BTW, this was extensively discussed here on FR back in 2011 and 2012. Search for “Rossi”, “E-Cat” and “LENR” for the whole sordid affair.
I’ve been a media-reports-of-cold-fusion-success naysayer since Ponds and Fleischmann’s “discovery” splashed across every network’s 6:30pm news.
Like another poster said, show me it running a toaster and a lamp and I’ll change my mind.
Let me help you with the logic here.
Here's a similar statement: "Not every single idea in the history of time which was criticized by nay sayers in the beginning turned out to be a big, significant development."
Now let's consider numbers: Which is larger? The number of big, significant ideas? Or the number of criticized ideas that turned out not to be big, significant ideas?
I'd guess the latter outnumber the former by a factor of thousands if not tens of thousands or more.
As others have said, "Extraordinary claims require extraordinary evidence". I haven't seen anything regarding commercialization of LENR which even qualifies as "ordinary evidence". Rossi's background disqualifies him forever from being able to supply even "scant evidence".
Coal is the cheapest way to make electricity, if you can beat them, you’ve won the market.
>>Why? ... Because ‘big oil’ runs the world and that means the media spews what they are told to spew.<<
No, big bankers run the world with fiat money and world leaders do as they’re told.
That’s true…the percentages are with the notion that it will not be a big idea….that’s what makes it gutless to naysay it….and so you are not further confused, naysaying is NOT THE SAME….repeat NOT THE SAME as a thoughtful statement that something may not work.
Think next time…
order now for just three easy payments of $500,000.
You're probably right. More than likely, if they succeed in that, the financial crater will be that much deeper.
But, if it really does work, they need a demo. 1.5mw ought to be enough to take a neighborhood off the grid. Here's the power plant. Here's the neighborhood. It cost this much for the plant, this much to operate it, this much to maintain it. And here is our empty list of the times we needed to cut over to the grid.
Just do like Obama and shutdown the mines. You beat them!
A stable and sustainable fusion reaction is the holy grail of propulsion for normal space travel and energy production. If someone had actually done it, every government in the world would pay far more than a million five just for a peek.
Coal fired plants are located along rail lines and scaled to handle coal by the carload. What happens to your fuel costs when you scale down and move the plant away from the rail lines?
Looks like its put up or shut up time.... I will keep an eye on this.
When charlatans fail to deliver, there isn't something to think about or something which may or may not function.
Let's hear your "thoughtful statement" that a LENR device might work. Please include some specifics about design, construction, theory of operation, and economic costs and benefits. Even unicorns can fit into a shipping container.
Unicorn scat sold separately.
They could have compared it to health care as well.
I am not assuming these are, or are not, charlatans. Many so called charlatans are indeed charlatans. Many are honest people who have not yet figured their idea out…and many become Steve Jobs, Ben Franklin, etc.
Why would you do that? Much more cost effective to move electrons than fuel.
Absolutely correct.
Anybody who buys one of these things is beyond stupid.
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