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Replying to Avatar Parallel Structures

Would free energy cripple bitcoin's proof - of-work model? According to Tesla's writings, he discovered free energy in the early 1900's.

I was contemplating the implications for bitcoin; only 8% of the supply remains to be mined. Free energy would only remove the energy cost for mining the remaining coins and processing transactions. There would still be the cost of the infrastructure.

Would this really affect the value of bitcoin so much? I don't think so. The benefit is that the network would be less expensive to maintain. After most the supply is mined, the system still needs to be profitable for those processing transactions. Energy being free would help keep transaction fees down.

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Dr. Bitcoin, MD 1y ago

Free energy would mean it’s essentially free to attack bitcoin network with your own hash power.

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Parallel Structures 1y ago

Still, hard to beat the hash power of the bitcoin network. More profitable to serve it.

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