What is his contribution exactly?

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Ownership of resources is a constant battle, humans can think abstractly so we come up with unique ways to not have to constantly fight over everything but usually that breaks down into physical war which has the same charactetistics of what the bitcoin protocol does therefore humans can accept the abstract nature of resolving our differences peacefully through ownership being represented as bitcoin. The mount of watts could be a nuclear bomb or the most hash. I personally benefit by securing and projecting power by keeping my property as bitcoin and using code that makes it nearly impossible to steal or alter my claim of ownership.