The value of Bitcoin today has indeed surpassed the impact of the gold society. Even if God comes, he will not refute the questions that Bitcoin brings to people's thinking about the computing power and energy gap.
Bitcoin cannot be a basic currency, but the price of Bitcoin reflects the balance between computing power and energy gap. Halving is more like a demonstration meeting to promote the optimization of computing power and energy structure in an extreme mathematical way. If it were not for the demand of miners for computing power and cost efficiency, perhaps we would not see the strong shock brought to people by the qualitative change of Nvidia and Ai today. Including the "controlled nuclear fusion" that may be brought about by subsequent energy problems. Bitcoin uses the cryptography and financial methods of the halving event to transform the relationship between people's demand for computing power and energy into a competition. If there were no wealth effect brought by Bitcoin's continuous breakthrough of historical highs, we don't know what reason and capital Nvidia had in the past to efficiently solve the computing power problem. The government would not be as anxious to think about the demand for energy in the computing power society as it is now.
Bitcoin itself has no value, and its price is an intuitive reflection of the gap between the computing power gap and the energy gap of human civilization. Whether the author intentionally or unintentionally combines cryptographic distributed accounting with its financial attribute value storage, the halving event will constantly refresh the progress of computing power and energy science.
From the divine consensus on happiness and soul culture generated by ancient civilizations to the financial power consensus generated by the distribution of wealth and power in the feudal empire, and then to the computing power and energy consensus generated by Bitcoin today, perhaps there is a creator who constantly allows human civilization to progress through some kind of media consensus in special periods to achieve continuous leaps forward. When Bitcoin is mined out a hundred years later, our computing power and energy problems will produce a super-large-scale qualitative change that transcends the existing social rules. Today's Bitcoin has indeed surpassed the civilization progress brought about by gold mining at this stage. In ancient times, mining and using gold was a complicated and distressing thing, but mining Bitcoin is even more distressing now. I think you will also think about what is the value of the ultimate balance between computing power, energy and wealth?
If scientific progress is fast enough, Bitcoin will be worthless, otherwise its price will become more and more expensive. This assessment will take more than 100 years...$BTC $ETH $BNB #比特币大会