Willy Woo: Energy is the only way to create hard money, and bitcoin is the embodiment of this.
Foresight News reports that Willy Woo responded to the view that "Bitcoin consumes too much energy" by stating: There are only three ways to ensure the security of a monetary ledger: relying on physical atoms (such as gold), depending on energy consumption (such as Bitcoin), and based on social or political consensus (such as fiat currency). Energy is the only path to creating absolutely hard money. Physical atoms are not scarce.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

A recorder hidden in toilet paper exposes OpenAI's long-standing safety issues

AbbVie (ABBV.US) expands Oxford R&D facility in UK, betting on innovation in immunology, neuroscience, and oncology drugs
AbbVie announced on Wednesday that, as part of an investment plan exceeding 120 million pounds (approximately $161 million), the company has expanded its research and development facility in Oxford, United Kingdom.
BNB fell below $690

