asyncmind on Nostr: Understanding Bitcoin requires a combination of cognitive, emotional, and energetic ...
Understanding Bitcoin requires a combination of cognitive, emotional, and energetic investment. Those unable to gather enough energy may face the following challenges:
1. Cognitive Effort Barrier: Without the mental bandwidth to grasp Bitcoin's concepts, such individuals might remain dependent on fiat systems, failing to access the advantages of decentralized finance, censorship resistance, and wealth preservation.
2. Missed Opportunities: They may miss out on potential financial growth, technological empowerment, and the societal shift Bitcoin enables.
3. Energy Quantification: To approximate the energy required in terms of raw energy, Bitcoin, and USDT, we can consider:
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Energy Requirement Estimation:
1. Cognitive Energy (calories):
The human brain consumes about 20 watts/hour for intense thinking.
Assuming a person spends 100 hours understanding Bitcoin concepts, that equates to:
20 \, \text{watts} \times 100 \, \text{hours} = 2,000 \, \text{watt-hours} = 2 \, \text{kWh}.
2. Monetary Equivalence:
Using global average electricity cost ($0.13 per kWh), the energy cost is:
2 \, \text{kWh} \times 0.13 = \$0.26.
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Bitcoin and USDT Equivalence:
At $26,000 per Bitcoin, $0.26 equals:
\frac{0.26}{26,000} \approx 0.00001 \, \text{BTC}.
0.26 \, \text{USDT}.
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Conclusion:
On a raw energy basis, understanding Bitcoin costs around 2 kWh, equivalent to 0.00001 BTC or 0.26 USDT. The inability to invest this "energy" often arises from systemic barriers (economic, educational, or psychological), emphasizing the importance of making Bitcoin education and access more inclusive.
1. Cognitive Effort Barrier: Without the mental bandwidth to grasp Bitcoin's concepts, such individuals might remain dependent on fiat systems, failing to access the advantages of decentralized finance, censorship resistance, and wealth preservation.
2. Missed Opportunities: They may miss out on potential financial growth, technological empowerment, and the societal shift Bitcoin enables.
3. Energy Quantification: To approximate the energy required in terms of raw energy, Bitcoin, and USDT, we can consider:
---
Energy Requirement Estimation:
1. Cognitive Energy (calories):
The human brain consumes about 20 watts/hour for intense thinking.
Assuming a person spends 100 hours understanding Bitcoin concepts, that equates to:
20 \, \text{watts} \times 100 \, \text{hours} = 2,000 \, \text{watt-hours} = 2 \, \text{kWh}.
2. Monetary Equivalence:
Using global average electricity cost ($0.13 per kWh), the energy cost is:
2 \, \text{kWh} \times 0.13 = \$0.26.
---
Bitcoin and USDT Equivalence:
At $26,000 per Bitcoin, $0.26 equals:
\frac{0.26}{26,000} \approx 0.00001 \, \text{BTC}.
0.26 \, \text{USDT}.
---
Conclusion:
On a raw energy basis, understanding Bitcoin costs around 2 kWh, equivalent to 0.00001 BTC or 0.26 USDT. The inability to invest this "energy" often arises from systemic barriers (economic, educational, or psychological), emphasizing the importance of making Bitcoin education and access more inclusive.