It is well known within LENR circles that Australian Entrepreneur, Dick Smith, is scathing of Andrea Rossi’s eCat claims. After Rossi refused his offer of a $1m (US) challenge, he extended that offer to Greek company Defkalion GT who are making similar claims. Mr Smith’s offer was an attempt to expose the fraud he is certain these people are perpetrating.
After 30 years looking at one incredible claim after another in the hope that they were real, all he found were scams and delusions robbing incautious investors of their money. His concern is for the so-called Mom & Pop investors who can ill afford the loss and the lives that are ruined by these ruthless fraudsters. An active member of The Australian Skeptics’ Society, he has a keen eye for the behaviour pattern these money siphons exhibit and recognises these patterns in Rossi and Defkalion.
While eCatNews does not share his certainty, there is no doubt that his concern is sincere and that his case is built on a solid foundation of experience. Until either player proves their case, we must all be open to the possibility that the eCat is a money-sucking mirage. [To see the arguments either side read this post].
Convinced he is dealing with a criminal element, the deal was tied to all communications being open and he withdrew the offer when Defkalion insisted that he sign an NDA. Since the Greek company is now purported to be on the verge of proving their system to independent bodies, they may be interested to learn that the $1m offer has now been extended to anyone who can demonstrate a 1kW LENR device to a credible institution or group within the next 12 months. An informal challenge similar to an X-Prize, this means that if even one of the seven groups of Hyperion testers is credible and supports Defkalion’s claims as proven, they can simply step forward and stick their hand out.
After talking with DS about his views on this subject I know he will be delighted to hand over the money. The implications for the world are extensive and that is worth losing a bet over.
I fully understand where Dick is coming from. We differ in our interpretation of probabilities even though he may end up being correct. That is the nature of uncertainty. The eCat and Hyperion are conducting themselves in the market and unless Defkalion follows through on their promises, this thing will fall to pieces and I will join the hard sceptics in their condemnation.
The importance of this technology extends well beyond these two players, however. As a species, we are entering dangerous times. The availability of cheap, abundant, compact and clean energy is one factor in the mix that would help to save us from ourselves. It is early dawn in the CF world but proof is slowly emerging from a number of fronts and it is not beyond possible for a lone researcher or a well-financed group to make a breakthrough. The leap from mW to kW is not as improbable as the impossible advances that have already been made.
While the LENR prize is offered as a well-meaning negative bet, it has the potential to be more. That is up to the research community. Any group that can demonstrate a 1kW LENR device might view $1m as buttons but winning it will surely arm them for the fight and attract an avalanche of offers on the back of it.
The comment sparking The Smith LENR Prize is here.
I have been asked on this site to use the $1 million for something really useful.
I would be interested in extending the $1 m offer to any person who can come up with a practical device that has an output of at least 1KW through LENRs
No. I would not be interested in being involved in any testing however I would accept a statement from any respected leading authority in this field. I am sure with suggestions from people on this site we could come up with a list.
The offer would remain open for 12 months and would be genuine. I have been able to assist charities, including science based institutions in the past with donations of over $20 m including single donations of up to $4m and I consider myself fortunate to be able to do this .
I will say this now- I believe there is almost no chance that the money will be paid out even though I will be delighted if it is.
Look forward to some sensible discussion on this . Remember I am not prepared to spend any time being involved in testing or research. That’s because I reckon in ten years I would find that I had wasted much time without effective results
Daniel. Yes I know about NASA and LENRs
They of course would be an acceptable institution to say that the 1 KW device worked as claimed.
The sole reason I mentioned that I had fulfilled my obligations by giving a dollar away was to minimize the rubbish posts claiming I have no intention of coming up with the money if the unit works.
I believe my offer will show that no 1 K W device exists .
I now ask Dick to formalise this so that small groups and large have a solid goal to work towards. The simplicity of the challenge is welcome but some more guidance is needed on what is deemed an ‘acceptable institution’ and the announcement should be posted on your own site as well as eCatNews.
The incredible achievements of the LENR research community will someday be recognised for the heroic effort it is. A number of cracks are appearing in the misunderstandings that surrounds you. This is a chance to turn a negative into a positive – something to shatter the craziest of them all: that Low Energy Nuclear Reactions – cold fusion – is just too good to be true.<< Previous Post -- -- Next post >>