Dr. Jeff on Nostr: #Bitcoin is the world’s first decentralized, secure, scarce, permissionless, energy ...
#Bitcoin is the world’s first decentralized, secure, scarce, permissionless, energy money.
Nikola Tesla and Henry Ford imagined it 100+ years ago.
And guess what?
Energy money, by design, uses energy.
Lots of it.
It’s called proof of work. It’s fundamentally different than proof of stake fiat currencies and cryptocurrencies.
And its energy usage is a protective feature… not a bug.
#Bitcoin consumes lots of energy and is better money for a better world.
Nikola Tesla and Henry Ford imagined it 100+ years ago.
And guess what?
Energy money, by design, uses energy.
Lots of it.
It’s called proof of work. It’s fundamentally different than proof of stake fiat currencies and cryptocurrencies.
And its energy usage is a protective feature… not a bug.
#Bitcoin consumes lots of energy and is better money for a better world.