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"It is therefore a universal truth that all work has a measurable cost of energy transformation due to the very nature of the universe, and the laws of thermodynamics. It is with these laws that we underpin Bitcoin’s Proof-of-Work." - Rory Highside
Don't miss the next piece in The Bitcoin Times 2nd Ed about how the Bitcoin system is both constrained and forces cooperation by leveraging the fundamental laws of the universe!
Check out and drop some applause on this piece by following the link below, don't forget to follow Rory and TimelessBitcoin on Twitter for more work like this!
https://medium.com/the-bitcoin-times/proof-of-work-the-fundamental-laws-of-physics-and-nature-33d95167c57a
"Cryptocurrency market-isms are built on claims about the economic and computer science advances Bitcoin and cryptocurrencies have achieved, and thus have a direct relationship...
"By design, Bitcoin exists beyond governments. [...] The architecture of bitcoin is practically purpose-built to resist and immunize any attempts by governments to ban...
Mises' and Menger’s theories of money provide deep insight, but invariably never attempted to rank the functions of money during its period of establishment....
![CryptoQuikRead_339 - Proof-of-Work, The Fundamental Laws [Rory Highside]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741242/c1a-9mg94-49vqg868a701-simbcz.jpg)