#Bitcoin Mining difficulty, vs production cost, vs price, over the last 3 years. They are deeply related.

Bitcoin is just the conversion of electricity into spendable tokens, using the strength of advanced mathematics to ensure it's function. Time + Electricity + Math + Decentralized Consensus = Bitcoin.

Fiat money is like a cancer within human society. Bitcoin is the immune response.

The world doesn't need new versions of stuff, it needs new money.

Mining is the conversion of electricity into Bitcoin. Miners are Bitcoin mints, with the raw material of electricity.

Bitcoin doesn't waste energy, it saves it.