@WilhelmIII @BattleDwarfGimli @EvilSandmich @Hertz @PraxisOfEvil @TrevorGoodchild @brigrammer @dubbub yes, in fact that's what a lot of people are talking about. And what's interesting is that since minting new bitcoins is done by solving an algorithmic problem, it is directly equitable with energy use.

The problem is that people don't want gold as a currency. Gold as a currency is horrible. It's heavy and inconvenient to prove it's valid.

What most people want is a currency which is backed by gold, which just means they don't want the currency agent inflating the currency for their benefit.