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Generally speaking if it doesn't require energy and thermodynamic 'work' to accomplish its value is... Zero.
Zero. It goes to zero.
The plane that 'requires no fuel'. The car that works 'with no gas and no battery'. The Train that runs, consuming no energy...
These things aren't innovations, they are scams.
It's no wonder then that 99.9% of 'crypto' goes to zero, and the 'crypto' that survives is PoW. Of the surviving PoW Bitcoin is by far the most liquid, most mature, most sophisticated, and biggest best adopted. That's what people eventually figure out.
Thank you for putting it so aptly.
POW is the only way. There are no free rides. It's hard to explain to new people but feels so natural once you get it. Thank you for the thoughtful comment.
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