Work, labor, effort, human energy expenditure (all labor capital) is done in exchange for something else of value. Right now that “other thing of value” it is US dollar backed by buying/selling of petroleum (exclusively done in dollars until recently) which is used to produce all things in all economies worldwide. US dollar is “energy-backed store of value” you accept in exchange for your “expenditure of human energy”.
Bitcoin (finite supply) is created worldwide on decentralized network nodes using machine labor, run by decentralized worldwide energy grid from various sources: coal, oil, nuclear, etc. The natural resources run computers to solve equations (proof-of-work), converting energy directly into “energy-backed encrypted software” instead of US dollars.
You have proof you did work to generate labor capital that you own 100% (no gov’t middleman). You “get paid” in a finite currency that cannot be duplicated or printed into oblivion because proof-of-work via energy expenditure is required for each additional unit and energy cannot just “be created at the touch of the keyboard” by Federal Reserve without doing any work.
End result is proper price for human labor (paid in energy equiv) and continuously decreasing prices for EVERYTHING as purchasing power ALWAYS increases. Inflation does not exist because Bitcoin (currency) cannot be debased because it is impossible to create fake energy or unlimited Bitcoin.
Work, labor, effort, human energy expenditure (all labor capital) is done exchange for something else of value. Right now that “other thing of value” it is US dollar backed by buying/selling of petroleum (exclusively done in dollars until recently) which is used to produce all things in all economies worldwide. US dollar is “energy-backed store of value” you accept in exchange for your “expenditure of human energy”.
Bitcoin (finite supply) is created worldwide on decentralized network nodes using machine labor, run by decentralized worldwide energy grid from various sources: coal, oil, nuclear, etc. The natural resources run computers to solve equations (proof-of-work), converting energy directly into “energy-backed encrypted software” instead of US dollars.
You have proof you did work to generate labor capital that you own 100% (no gov’t middleman). You “get paid” in a finite currency that cannot be duplicated or printed into oblivion because proof-of-work via energy expenditure is required for each additional unit and energy cannot just “be created at the touch of the keyboard” by Federal Reserve without doing any work.
End result is proper price for human labor (paid in energy equiv) and continuously decreasing prices for EVERYTHING as purchasing power ALWAYS increases. Inflation does not exist because Bitcoin (currency) cannot be debased because it is impossible to create fake energy or unlimited Bitcoin.
Work, labor, effort, human energy expenditure (all labor capital) is done exchange for something else of value. Right now that “other thing of value” it is US dollar backed by buying/selling of petroleum (exclusively done in dollars until recently) which is used to produce all things in all economies worldwide. US dollar is “energy-backed store of value” you accept in exchange for your “expenditure of human energy”.
Bitcoin (finite supply) is created worldwide on decentralized network nodes using machine labor, run by decentralized worldwide energy grid from various sources: coal, oil, nuclear, etc. The natural resources run computers to solve equations (proof-of-work), converting energy directly into “energy-backed encrypted software” instead of US dollars.
You have proof you did work to generate labor capital that you own 100% (no gov’t middleman). You “get paid” in a finite currency that cannot be duplicated or printed into oblivion because proof-of-work via energy expenditure is required for each additional unit and energy cannot just “be created at the touch of the keyboard” by Federal Reserve without doing any work.
End result is proper price for human labor (paid in energy equiv) and continuously decreasing prices for EVERYTHING as purchasing power ALWAYS increases. Inflation does not exist because Bitcoin (currency) cannot be debased because it is impossible to create fake energy.
Work, labor, effort, human energy expenditure (all labor capital) is done exchange for something else of value. Right now that “other thing of value” it is US dollar backed by buying/selling of petroleum (exclusively done in dollars until recently) which is used to produce all things in all economies worldwide. US dollar is “energy-backed store of value” you accept in exchange for your “expenditure of human energy”.
Bitcoin (finite supply) is created worldwide on decentralized network nodes using machine labor, run by decentralized worldwide energy grid from various sources: coal, oil, nuclear, etc. The natural resources run computers to solve equations (proof-of-work), converting energy directly into “energy-backed encrypted software” instead of US dollars.
You have proof you did work to generate labor capital that you own 100% (no gov’t middleman). You “get paid” in a finite currency that cannot be duplicated or printed into oblivion because proof-of-work via energy expenditure is required for each additional unit and energy cannot just “be created at the touch of the keyboard” by Federal Reserve without doing any work.
End result is proper price for human labor (paid in energy equiv) and continuously decreasing prices for EVERYTHING as purchasing power ALWAYS increases. Inflation does not exist because currency cannot be debased because it is impossible to create fake energy.