PANews reported on June 3rd, citing CoinDesk, that Bittensor co-founder Ala Shaabana stated at the Proof of Talk summit in Paris that Bitcoin's computing power exceeds 600,000 times the combined power of the world's top 100 supercomputers, demonstrating the scale of distributed computing. Shaabana pointed out that true computing power no longer belongs to isolated enterprise data centers, but to open, global networks. He believes that through programmatic goal setting, open networks are far more efficient at attracting talent and computing power than traditional enterprises. The long-term bullish logic is no longer primarily based on technology, but is driven by debt, liquidity, and declining trust in traditional sovereign systems.