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FAQ proof of meme 1. The Problem With Proof of Work 1.1 Energy Is Not The Issue Critics of Bitcoin often focus on energy consumption—120 TWh annually, equivalent to a small country. But this misses the point. The real problem with Proof of Work is not that it wastes energy. The problem is that it does nothing to increase the value of the network. Mining Bitcoin does not: Bring new users into the ecosystem Create cultural momentum or social proof Generate content that spreads awareness Build community or retain participants Bitcoin forks with identical security mechanisms (Bitcoin Cash, Bitcoin SV, Bitcoin Gold) all collapsed in value despite having functional mining networks. Why? Because mining secures the network but does not grow it. 1.2 Staking Is Just As Bad Proof of Stake eliminates energy waste but does nothing to solve the growth problem. Stakers lock capital and collect yield. This does not spread awareness, create culture, or onboard users. Projects like HEX incentivized 15-year lockups and still crashed 99% because locking supply alone does not create demand. The chart goes down because no one is doing the actual work of making the project interesting or worth talking about. white paper