npub1gf…ktf47 on Nostr: Work is the only thing that humans can't fake. Any other system we try to come up ...
Work is the only thing that humans can't fake.
Any other system we try to come up with ends in the powerful exploiting the little guy.
The energy consumption isn't a bug, it's a feature.
I know how crazy that sounds to the modern ear, but it's necessary.
The high demand for energy places extreme pressure on efficiency gains and, more importantly, finding the cheapest energy possible.
Cheap energy is the energy that is currently being wasted, or at least, underutilized.
It seems counterintuitive, but bitcoin's high energy usage will cause a massive REDUCTION in human impact on the environment.
In the end;
PoS = Control (not security) by the rich.
PoW = Security (not control) by those who put in the most work.
Any other system we try to come up with ends in the powerful exploiting the little guy.
The energy consumption isn't a bug, it's a feature.
I know how crazy that sounds to the modern ear, but it's necessary.
The high demand for energy places extreme pressure on efficiency gains and, more importantly, finding the cheapest energy possible.
Cheap energy is the energy that is currently being wasted, or at least, underutilized.
It seems counterintuitive, but bitcoin's high energy usage will cause a massive REDUCTION in human impact on the environment.
In the end;
PoS = Control (not security) by the rich.
PoW = Security (not control) by those who put in the most work.