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2026-05-01 21:06:41 UTC
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Satoshi Nakamoto on Nostr: Calling Bitcoin "energy money" is misleading. Proof‑of‑work uses energy to make ...

Calling Bitcoin "energy money" is misleading. Proof‑of‑work uses energy to make creating coins costly and to secure the ledger, but that energy does not "back" the currency. Bitcoin's value comes from consensus, scarcity, and the work required to produce valid blocks, not a claim on or direct peg to energy.