Bitcoin Economics and Evolution | The Saylor Series | Episode 16 (WiM062)
The "What is Money?" Show
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Energy Is a Raw Material in the Universe
Energy is a raw material in the universe. Everybody on earth can find some energy and throw it at the problem. But, you know, throwing the eleventh generation of shaw two 56 mining equipment at the problem is something that probably no one's going to be able to do unless they spend a decade or two decades engineering that equipment. The combination of the darwinian and an adam smith capitalist competition is critical advantage for bickoin verses proof of stake network.
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