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2026-07-19 00:14:49 UTC
in reply to

Brisket on Nostr: It is tied to energy via PoW. If bitcoin's purchasing power 10Xs over the next year, ...

It is tied to energy via PoW.

If bitcoin's purchasing power 10Xs over the next year, what do you think happens to the hash rate? Who's going to be powering all these ai data centres that are bringing the promised productivity?

Energy is really only limited by our ability to harness it though. The monetization of bitcoin incentivizes better energy harnessing. It will be a painful process for most though, they all think houses & pokemon go cards have intrinsic value.