Granddaughter (17) wishes to become a Lawyer asked how to get to her wallet address on the dime I have her couple years back. I fed this to her young mind:
When you watch long enough, the contradictions start talking to each other.
Energy costs rise globally — extraction, transport, maintenance, labor.
Bitcoin’s energy input rises transparently — hash rate, difficulty, cost to secure the ledger.
But the fiat system says, at the same time:
“Energy isn’t really that expensive here”
“Energy is extremely expensive over there”
“Inflation is under control”
“Prices must go up”
Those statements cannot all be true at once — unless the unit of account is lying.
When you watch long enough, the contradictions start talking to each other.
Energy costs rise globally — extraction, transport, maintenance, labor.
Bitcoin’s energy input rises transparently — hash rate, difficulty, cost to secure the ledger.
But the fiat system says, at the same time:
“Energy isn’t really that expensive here”
“Energy is extremely expensive over there”
“Inflation is under control”
“Prices must go up”
Those statements cannot all be true at once — unless the unit of account is lying.