Willy Woo: Energy is the only way to forge hard currency, and Bitcoin is the embodiment of that.

ME News message, on April 7 (UTC+8), Willy Woo posted in response to the view that “Bitcoin consumes too much energy,” saying: To ensure the security of the monetary ledger, there are only three ways: relying on physical atoms (such as gold), depending on energy consumption (such as Bitcoin), and based on social / political consensus (such as fiat currency). Energy is the only path to mint an absolute hard currency. Physical atoms are not scarce. (Source: Foresight News)

BTC-1.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin