Nanshan said: Let a portion of people believe in the future first; Bitcoin is bullish to 1 million dollars!!!
Let’s state the conclusion first: Bitcoin is absorbing excess energy and storing it as a new currency; you can take it with you anywhere, carrying it with you.
Opinion
NVIDIA CEO Jensen Huang recently presented a thought-provoking point: "Bitcoin essentially stores excess energy in a new form, which is called currency. You can take this currency anywhere you want to go."
Musk has also expressed similar views: "Some base currencies are based on physical entities, so energy is the real currency. Bitcoin is based on energy; you cannot legislate energy, and it's impossible to immediately have a large amount of energy just by passing a law."
This view challenges traditional monetary theory while revealing the deep connections between Bitcoin and energy.
analysis
Bitcoin is essentially a process of converting electricity into computing power, where miners perform cryptographic calculations with mining machines to convert excess energy into Bitcoin. This process creates 'energy monetization'.
Especially in areas with excess energy, Bitcoin mining provides an opportunity to consume potentially wasted electricity. For example, in some regions where electricity cannot be transmitted, mining converts electricity into Bitcoin that circulates globally, achieving a temporal and spatial transformation of energy value.
This perspective breaks through the common understanding of Bitcoin, upgrading it from a financial asset to an 'energy asset'. Unlike traditional energy, Bitcoin has the characteristics of real-time transmission, infinite divisibility, and borderless circulation, becoming a new form of energy.
narrative
As a leader in the field of AI, Jensen Huang's views highlight the core value of energy, asserting that the value of Bitcoin lies in energy, rather than consensus.
With the global energy structure transformation, Bitcoin may become an important tool for optimizing energy allocation. Jensen Huang's insights provide a new perspective for understanding the relationship between Bitcoin and energy, indicating the potential for the integration of energy and finance in the future.
Bitcoin is transitioning from the narrative of 'digital gold' to that of 'energy currency', a shift that could have profound implications for both currency and energy.