Dan Held: PoW is Efficient0.01

Most people think #Bitcoin’s PoW is “wasteful.” In this article, I explore how everything is energy, money is energy, energy usage is subjective, and PoW’s energy costs relative to existing governance systems.* This article is a collection of direct thoughts from many individuals in the space — my value add was in the aggregation, distillation, and combination of narratives.

Original source
https://medium.com/@danhedl/pow-is-efficient-aa3d442754d3

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