Why does Bitcoin use proof of work?

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Tags

1. #function
2. #protected
3. #because
4. #proof
5. #hashcash
6. #bitcoins
7. #using
8. #verified
9. #trustworthiness
10. #bitcoin
11. #individual
12. #mined
13. #network
14. #nodes
15. #computation
16. #miners
17. #better
18. #decentralized