Charlie Lee: Proof of work and competitive mining mechanisms protect Bitcoin from the risk of devaluation due to inflation

According to ambcrypto, Litecoin founder Charlie Lee stated at the World Crypto Industry Conference that the proof-of-work mechanism and competitive mining are the products of Bitcoin, and are also the basic attributes that protect Bitcoin from returning to zero value. Because of this mechanism, Bitcoin cannot be counterfeited or copied, and will not cause inflation due to continuous printing like legal currency, which will eventually lead to its own continuous depreciation.