[Enlightened1]

Here is a great article about it.

https://danheld.substack.com/p/pow-is-efficent

[DUMBGRUNT]

Yes, an interesting article.

But, I disagree.
IMO, Bitcoin is similar to a fiat currency in that it has NO intrinsic value.
ZERO.

Also see Adam Smith, labor theory of value. Marx too.

So, don’t blame me when the margin call comes.