The True Value of Bitcoin and Proof of Work
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Read now to learn how Bitcoin's energy use helps defines its value and how Bitcoin would be worthless without it.
Regulation of Bitcoin and Crypto have been on the minds of governments and regulators for the past several months. After the U.S. government released an executive order with questionable motives just last week, the European Union came out with its own proposal to further regulate the digital asset space. Unlike the U.S. government’s move however, the motives of the European Union’s proposal were not in question and represented a direct attack against Bitcoin and the Proof of Work (PoW) consensus mechanism on which its blockchain operates.