HAMMOCK on Nostr: Exactly! Intuitively this feels like a fiat problem. Organic hydrocarbon energy ...

Exactly! Intuitively this feels like a fiat problem. Organic hydrocarbon energy sources are one of the lowest time preference energy sources we have, it literally takes millions of years to be formed. And, only mining bitcoin as an economy isn't the the point of bitcoin since it's only a representation of the economy at large. So, burning such low time preference commodities for fiat profits and basically capital strip mining our global potential energy supply, I feel, can't work on a sound money standard. You need to use that energy supply for stuff you actually want. We don't wan't money/bitcoin for the sake of it, but because we can exchange it for stuff we actually want, i.e. better goods and services.