Jack Mallers explains how proof of work tethers Bitcoin to physical reality

“There are two doors. One is letting everything collapse and fail. That’s not an option, so the only other one is they’re gonna have to steal the time and energy of all of us that hold the currency. And so, you gotta get out.” - Jack Mallers

“Abundance in money = scarcity everywhere else. Scarcity in money = abundance in everything else” - Jeff Booth