If you've ever doubted, or weren't aware, of the value of Proof-of-Work and Bitcoin's being tied to Energy... Just look at the Ethereum/Bitcoin ratio since Ethereum transitioned to Proof-of-Stake.

The Transition took place on Sept 15th, 2022 and here is the chart since.

This is the last year, Eth/Btc down 56%

And the last 5 years (with the change to PoS in the crosshairs)

Don't let anyone tell you that the 'energy consumption' associated with Bitcoin is wasteful or stupid... energy consumption is the foundation of our civilization and we need it for everything.

A global monetary network, to be fair and useful must be tied to energy - its production and storage - and Bitcoin is the only plausible contender for PoW, liquid, digital secure value native to the internet.

Thanks