Have you ever thought about it? Bitcoin is essentially the process of converting energy into currency.
Now a bunch of people criticize the PoW mechanism for consuming too much electricity, but looking at it from another angle - that electricity consumption is actually the cost of network security. The more energy invested, the stronger the value endorsement.
If one day the symbolic system of traditional finance collapses, what currency can ultimately stand firm? It is likely to be energy itself. And Bitcoin happens to be the digital form of energy.
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BearWhisperGod
· 19h ago
Energy is currency, this logic is amazing... Conversely, those who criticize power consumption actually haven't thought clearly about what they are using.
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ZKProofEnthusiast
· 19h ago
This perspective is fresh; the logic that energy equals value is indeed solid.
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CoffeeOnChain
· 19h ago
It's quite interesting to say, but this logic might be a bit forced when it comes to fixing the PoW. The idea that energy = value just doesn't hold up in reality.
Have you ever thought about it? Bitcoin is essentially the process of converting energy into currency.
Now a bunch of people criticize the PoW mechanism for consuming too much electricity, but looking at it from another angle - that electricity consumption is actually the cost of network security. The more energy invested, the stronger the value endorsement.
If one day the symbolic system of traditional finance collapses, what currency can ultimately stand firm? It is likely to be energy itself. And Bitcoin happens to be the digital form of energy.