Lots of confusion out there. Let’s keep it simple.

#Bitcoin is:

- Decentralized

- Secure

- Scarce

- Stateless

- Permissionless

- Energy Money

It’s not a tech company.

It has no cash flows and it never will.

It uses a lot of energy to maintain its unique properties (see above), and it always will. This is a feature, not a bug. Don’t apologize for it.

GM.