Nicholas on Nostr: I can see the logic in the second paragraph. In the first paragraph, it is only true ...

I can see the logic in the second paragraph.

In the first paragraph, it is only true because Bitcoin is getting monetized by a less superior form of money (fiat), but energy costs in and of themselves are increasing over the next decade or more globally (before innovation ultimately brings it down) and if there was no mo ey in existence, we’d see costs rise with barter for i.e.