I am Georgian.
From the land of Colchis.
The “Golden Fleece” was not a myth.
It was early Proof of Work.
Wool in a rushing river.
Current as the energy.
Gold as the reward.
The river did not negotiate.
The sand washed away.
Only what resisted remained.
First principle:
Value is a function of cost.
If it can be decreed,
revised,
or printed,
it is not value.
It is sand.
The river is now digital.
The current is hashpower.
Nothing has changed.
Entropy does not negotiate.