> which is inherently driven by the base demand to hold it as a currency. The more people
> that value the long-term stability it provides, the more energy it will consume.
> In the end, this consumption will ensure all other derivatives of energy consumption will
> continue to be fulfilled, which is why there is no more important long-term use of energy
> than securing the bitcoin network. Put a price on economic stability and the economic freedom
> a stable monetary system provides; that is the true justification for the amount of energy
> bitcoin should and will consume. Everything else is a distraction.
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Rhetoric of the article in a nutshell: Economic stability is priceless. Bitcoin is the one true way to have economic stability. The energy used by Bitcoin is then not wasted, however massive it is.