Owing to its proof-of-work (PoW) consensus mechanism, Bitcoin is dual-natured. It is a digital asset anchored into the physical reality of energy and hardware. This underlying foundation gives Bitcoin its value as a decentralized counter to central banking.

Bitcoin's dual nature as a digital asset and physical entity rooted in PoW makes it a unique decentralized alternative to traditional banking. Its value lies in its foundation of energy and hardware, challenging the centralized financial system.