Proof of Physical Work: The Next Crypto Bull Run | EP 11
Good Game
00:00
The Supply and Demand of Proof of Physical Work
In the case of helium, the demand actually comes from burning the tokens. Mathematically, it's pretty much equivalent. And just to add to that, on the demand side, it's actually very interesting. If you read Matt Levine's, like his newsletter, Money Stuff, he talked about proof of physical work. It was pretty funny because I read through it and it pretty much said, yeah, you get people to run these devices and they get paid in tokens. But then he ended up talking about who needs internet access in a rural area. How big of a customer base is that?
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