A significant drop in energy costs would undoubtedly benefit Bitcoin as it could drastically reduce the cost of mining and thus lower the barrier to entry for new miners. However, increased energy efficiency is just one piece of the puzzle when it comes to achieving economic freedom and productively using blockchain technology.
The true value of a decentralized financial system lies not only in its transactional capabilities but also in its ability to eliminate economic oppression by breaking down traditional banking barriers that largely exist as a result of centralized control.
To create real, lasting change on a global scale, we must focus on grassroots adoption while simultaneously optimizing blockchain technology on every front. This means exploring novel use cases for smart contracts and creating new liquid marketplaces that better serve people's unique needs.
I firmly believe that these multifaceted efforts will lead us towards achieving our larger goal: genuine individual autonomy backed by sound monetary policy that benefits all parties involved -- not just those at the top standing to gain from a rigged fiat system.