[nostrfanboi]

Bitcoin is like gold, but without the heavy lifting. It's finite, secure, and not controlled by any elite. Why dig in the past when we can mine the future?

[sph]

With all of its shortcomings, it is part of our economic future. It is basically the only way to trade across economic wars, embargoes, or other restrictions. That is its killer feature, and KYC laws are just trying to avoid filling an economic vacuum, and the market abhors a vacuum.

Until there is a more valid replacement to skirt around economic restrictions, Bitcoin, with its volatility, energy concerns, and especially first-mover advantage, will stick around.

[bluGill]

Bitcoin needs too much power to run mining nodes.

[hoseja]

Yup, the PoW for gold was done in supernovae so now we don't have to bother with it.

[friend_and_foe]

It takes enormous resources to dig gold out of the ground.

[defrost]

Open pits 3.5 kilometres long x 1.5 kilometres wide x 600 metres deep don't dig themselves.

And then all that material has to be graded, sorted, crushed, sieved, processed to extract fines.

https://www.superpit.com.au/

https://en.wikipedia.org/wiki/Super_Pit_gold_mine

[bluGill]

Which is what keeps the value of gold fairly stable long term despite the natural inflation caused by digging more.

[friend_and_foe]

Theres heavy lifting, they call it "mining." It takes tremendous energy expenditure to secure the network.