This story is old now, brilliant in that it stands the test of time, not so brilliant by missing out the part played by sunlight.

Now we know the only form of power economic to create Bitcoin is solar, and several countries worth of it is busy as such.

That is the really valuable thing it has delivered to us.

Bitcoin has forced scaling up solar power, by creating a profit motive for solar power expansion.

As you point out, work is energy, is money.

What you miss is sunlight is energy.

In fact sunlight is energy from the only source of energy, and that source is extraterrestrial.

So Bitcoin is money-as-sunlight.

Money raining down on us, free, from the sun.

What seems still to be accepted is that this is the end of scarcity, since solar energy is infinitely scaleable, for free; earlier installation funds future installation.

The only reason we still dig energy from our planet is profit.

The only reason we had two world wars is profit.

The only reason we developed nuclear weapons and nuclear power, and still seek to create nuclear fusion, is profit.

The only reason we are losing millions to covid is profit.

Profit drives us to a parasitic existence feeding not only on our planetary energy but on one another, we have been eating ourselves as a species, it destroying everything we know, and ultimately leads to extinction.

Profit requires scarcity, it can’t exist with scarcity removed.

Saving energy, money, efficiency, only has meaning in presence of scarcity.

Bitcoin, by driving solar power scaling upwards, is eliminating scarcity.

That, is the real thing of value that it is delivering.

That, is the real criteria of our move from Kardashev 0 to 1, the elimination of scarcity, by switching our dependence from planet bound finite scarce energy, to the infinitely scaleable solar power, we eliminate scarcity, and turn everything we thought we knew, on its head.