Do you know what Elon Musk said? He believes that Bitcoin and Dogecoin have value because they are based on "energy." This point is actually much more important than it sounds. You can understand it this way: all the electricity used to mine Dogecoin isn't just money burned for nothing; it's actually "minting" trust and security into the coin. This means Dogecoin has a real-world source of value, just like how mining gold requires energy—so its value isn't just hype, but has a solid underlying foundation.

Many people say that mining electricity consumption is a waste, but this completely misses the point. It's like saying the electricity used by a bank's vaults and security systems is a waste—when that's clearly a necessary cost to ensure security! That electricity is precisely the fundamental reason why Dogecoin is trustworthy and hard to counterfeit.

Elon is not worried at all about energy consumption, because he's building a future with unlimited, almost free energy. In the world he envisions, nothing will be "wasted." Proof-of-work (PoW) systems will eventually run entirely on solar power, ensuring network security without any guilt or resource scarcity issues.