View Single Post
  #9  
Old 11-04-2021, 01:30 PM
Castle2.0 Castle2.0 is offline
Planar Protector

Castle2.0's Avatar

Join Date: Aug 2014
Posts: 2,486
Default

Let me make it real simple for people.

(Simplified) Work Equation
Work = force x distance

You apply a force to something and move it X distance. That is work.

And work takes energy.

The Work/Energy Equation
Work done by the net force = final kinetic energy - starting kinetic energy

Your work is moving a rock from point A to point B, either literally or figuratively. You spend energy to create/do something of value. You are rewarded with something of value in return.

You work for money.

Quote:
Money = representation of spent human energy
Think of all the work you do in 1 year.

Think of all the money you make in 1 year.

Imagine, the work you do in 2021, loses 2-5% of it's value every year for the rest of time

This is called 'inflation.'

Imagine, 8,000,000,000 people all losing at least 2-5% of the value of their spent energy year-on-year for the rest of time.

The totality of your spent work energy IS your wealth. You choose how to store it.

Bitcoin doesn't use too much energy. This is the first time in human history your work value can be stored in a unit that is invulnerable to exploitation.

Re-read that. That is the value of Bitcoin.

Also, Bitcoin is a huge driver of alternative energy. Try google sometime before opining in ignorance.
Reply With Quote