energy can’t be created or destroyed. it must flow somewhere else. value can’t be created or destroyed and must also flow somewhere else. the fiat system leaks energy/value through inflation and that value flows somewhere else like real estate, rare art, stocks and bonds. bitcoin doesn’t leak energy/value - in fact it can absorb excess energy like hyper inflation of an economy and then turn that excess energy/value into a cryptographically scarce number and secure that number/value/energy behind a wall of miner energy (proof of work).
bitcoin is the first pure closed system humanity has ever achieved, meaning that the increase in price is due to bitcoin absorbing all of the leaking energy (inflation) and then containing it in a closed system that won’t leak that energy (value) because that energy (value) is now cryptographically scarce.
#bitcoin #indonesia #thermodynamics
