Willy Woo: Energy is the only way to create hard money, and bitcoin is the embodiment of this.
Foresight News reports that Willy Woo responded to the view that "Bitcoin consumes too much energy" by stating: There are only three ways to ensure the security of a monetary ledger: relying on physical atoms (such as gold), depending on energy consumption (such as Bitcoin), and based on social or political consensus (such as fiat currency). Energy is the only path to creating absolutely hard money. Physical atoms are not scarce.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Inventiva delays H1 2026 financial results release to Sept. 28
Dropbox Chief Accounting Officer Sarah Elizabeth Schubach sells 1,631 shares for $57,900.5
Ciena CEO Gary Smith reports disposal of 2,952 common shares valued at $1,071,281.85
