>>13703975>PoW is backed by electricity, and it is the best way to transfer real world work into the digital space.>It shows your ignorance about the technologySo I can use this PoW to light my home? Or trade for tobacco? You know since it's "tangible" right?
Time + work + utility = value
If any part of this equation is missing it's not money but instead it's only a currency.
I understand the PoW but the spending and transmutation of the utility is what is lacking from it being money because there's no utility other than "belief" and that by definition is credo or credit not debit.