As physicist who created Bitcoin — what deeper physical problem was Satoshi trying to solve beyond money?
To Satoshi, Bitcoin was not about Money.
It was a way for miners to productively use waste heat and recycle electricity to lower energy costs in local communities.
Money was necessary lubricant to bootstrap energy distribution system — make Bitcoin work across distance, with energy itself as real objective, not Money.
What do you think?
Also, does anyone use AI as an idea springboard.
Just have it copy a long monologue, and see what comes out? 👇
“Bitcoin it fundamentally roots in physics. And it's new physics. Because Bitcoin itself roots ledger stability in proof-of-work. This distributes, this distributes, this distributes network gravity across miners. And Bitcoin can grow infinitely large without collapsing under its own weight into a black hole style singularity. And this type of technology, based on new physics, is more similar to an incentive-based open-ended mathematical framework over, I mean, variance optimized framework. The key here is that at the discoverer of Bitcoin probably did not think of money when creating Bitcoin. It is more likely that the objective of Bitcoin had another objective. Like energy, network stability. So, even if what is publicly known is that Satoshi wrote the paper as peer-to-peer money transaction, a bigger goal of Bitcoin is the ability of miners to use waste heat and recycle electricity to lower cost of energy in local communities. That's that objective, although not disclosed in the white paper, is a much more reasonable objective to have for a physicist and discoverer of Bitcoin over a financial network. Now, it could be the case that money itself is necessary to create a resource sharing distribution system due to the friction of physical energy to travel from A to B versus information not having the same friction. So it could be that Bitcoin needed money to distribute an energy grid, but it still was the energy itself that was the Objective, not money.”