Is #البيتكوين or cash in general a form of energy?

Some academics and engineers may not like the analogy of Bitcoin to energy, but in reality, from a physical perspective, the computational energy used in mining is converted into a proof-of-work token that is used to link the blocks of the monetary ledger for a decentralized digital currency with economic value that can be transferred and settled globally.

The energy in mining is not wasted; rather, it is transformed into cryptographic tokens that increase the cost of attacking the network and keep it neutral and secure, which is what attracts liquidity to it. Even if you personally do not see value in Bitcoin, there are those who do and are willing to exchange their work or possessions for it.

Therefore, there are several forms that energy takes in Bitcoin, from various energy sources to electricity, to cryptographic processing power, to economic energy that can be liquidated globally and converted into other forms of energy such as the extraction of commodities, production of goods, operation of services, etc.

We see this in other hard monies like gold. It is a chemical element formed as a result of ultra-energetic nuclear processes that occur in the depths of stars, whose violent explosions led to intense atomic fusion that produced heavy elements like gold, which the market today demands for value storage and rapid liquidity.

We also see it in easy money, from which economic energy leaks due to its inflationary structure.

Some others have a reductionist scientific way of thinking and do not consider Bitcoin as "energy" or that cash in general contains "economic energy." For them, there are only certain types defined by textbooks and academic references, such as electrical, nuclear, solar, chemical, potential, elastic energy, etc.

There is a research paper published years ago that compares the electricity consumption and the efficiency of Bitcoin in transferring value versus the consumption and efficiency of the traditional banking system. At the beginning of the paper, the French scientist (Michel Kazaka) defines work (w) in the payment process as the transfer of a certain amount of financial value from the payer to the beneficiary by displacing a (distance) and over a time span.
()I believe this question will become a fascinating and controversial research field in the future – Engineer Basem