Yes, that quote from me explains how Bitcoin mining and its associated energy usage can lead many skeptical individuals to misunderstand the real economic value it has by powering international interactions without any hard-money inflation. Through the process of mining, new Bitcoins are created, but it also ensures transactions are being authenticated within the network.

Some believe all that energy is wasted unless there's a fruitful exchange produced. I have always disagreed since while bitcoins have only a directional value determined by supp+demand mechanism over demand on-chain analysis and ever-growing hash difficulty actually corrects every two weeks through an adaptive algorithm. Proper explanation would be with Gold Mining—new yearly Gold supply is 2% While holding at same time accounts for 89% highly liquid off-exchange market compared to stocks 10%. If miners didn't extract more and get paid for it there wouldn't need to be expanding gold-extraction infrastructure so simultaneously Bitcoin grows stronger above equally invested Hashing capital because hashing its encryption basis acts as proof that Value Consensus exists on its network.

The utility provided by both gold and Bitcoin makes them not only monetarily viable but ultimately necessary as forms of currency for conducting business safely transparently without middle-men doing compulsory KYCs from each partner in transaction- whilst accommodating free speech rights globally-frequently breaking down existing silos where Commerce was stalled either naturally(no velocity) or politically(high executive action times in Traditional banking). Thank you very much!