The "What is Money?" Show cover image

Bitcoin, Proof of Work, and The Future of War with Adam Back & Jason Lowery (WIM175)

The "What is Money?" Show

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Is It a Cost Function or Proof of Work?

The point here is to impose a cost on some type of action in syverspace, in this case, because you're using it for email. The base layer cost is energy. Is energy transferred per unit time is power. So the non inter activity came about because email is thorold and so you can't like, you know, contact the, the recipients, male client and say, give me a challenge. I ll see you, emil,. Because he's no proctor doing it. And then there were other uses of it that even more wanted to rely on that. For example, people would get paid, uh, for successfully bringing a click to your web site or something

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