Cyph3rp9nk on Nostr: "Proof of work is not simply an inefficient alternative to existing payment systems, ...

"Proof of work is not simply an inefficient alternative to existing payment systems, but the only known solution to avoid double spending without relying on a trusted third party."

quoting
note14v9…ylvh

Full Academic Rebuttal to the anti-Bitcoin ECB paper officially published.

https://www.murrayrudd.pro/challenging-bias-in-the-ecbs-bitcoin-analysis/