Bitcoin is not a battery.
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Replies (16)
Wait it’s a battery
Nah. Etimology of "battery" not how bitcoin be
Yes. You can sell batteries for bitcoin.
This explains why my block clock isn't updating...
Economic energy battery.
Time and energy in extracted form. Not electrical energy, can't power your laptop. But hold up enough sats and those plebs will turn a turbine.
That said, all bitcoin analogies suck because it is unlike anything we've ever known.
Bitcoin is only like a battery the same way money is like a battery. The same way bitcoin is like many things, but it isn't. Because it's better at all of them.
Is it stuck at 1BTC?
Noooooooo
Extracted? No way. Captured, maybe.
For the birds.
I agree with all of this. Except the battery part.
Like all good batteries it loses charge over time, just look at this years performance
Like energy, value is never lost it only changes form. And just like a battery, Bitcoin in the cold becomes less efficient.
*Abstracted. My bad.
Bitcoin is like a Peer-to-Peer Electronic Cash System, except with custodians and KYC.