<oembed><type>rich</type><version>1.0</version><title>michaeldunworth wrote</title><author_name>michaeldunworth (npub1n4…l25h6)</author_name><author_url>https://yabu.me/npub1n40lpgkc2gzvgr22cfamy6ymax225xe0707gfugle9rukx50k3lqvl25h6</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>How Bitcoin loses:&#xA;&#xA;Energy competitiveness will reduce hashrate.&#xA;&#xA;There’s more money and value captured by AI (more people want that to win than Bitcoin if it was a choice).&#xA;&#xA;Energy is now only flowing to either AI or Bitcoin.&#xA;&#xA;Competing interests say that Bitcoin is less sexy, and now energy is directed to AI.&#xA;&#xA;Hashrate down, Bitcoin gets double spent into the shadow realms.&#xA;&#xA;This is all IF cryptography like ECC can hold up.&#xA;&#xA;If the chain isn’t secure, then there is no Bitcoin.&#xA;&#xA;Bitcoins misaligned community makes it the perfect target. Undisciplined and unfocused. Easy win for AI and old world incentives.&#xA;&#xA;Class dismissed.</html></oembed>