Reboot - Bitcoin is Digital Scarcity

November 24, 2023 01:13:59
Reboot - Bitcoin is Digital Scarcity
Bitcoin Audible
Reboot - Bitcoin is Digital Scarcity

Nov 24 2023 | 01:13:59

/

Hosted By

Guy Swann

Show Notes

"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature. While V-Bucks are created and controlled by Epic Games (the company that created Fortnite), the U.S. dollar is created and controlled by the Fed. One impacts millions of people, the other billions. The mechanism that keeps these monies in check--the rules of the game, if you will - is the same in both cases: central decree."

~ DerGigi


For those who are new to the show, there are so many phenomenal pieces we have covered that deserve to be heard. One of those that gave the most approachable arguments for understanding the difference between the multitude of *virtual* monies we experience in the digital age, and Bitcoin, the first truly *digital* money, was absolutely, Gigi's incredible piece, "Bitcoin is Digital Scarcity."

If you haven't heard or read this one, stop what you are doing, and turn this on.

Check out the original article at Bitcoin Is Digital Scarcity | dergigi.com (Link: https://tinyurl.com/bdv8p5n4)


Guest Links

Host Links

Check out our awesome sponsors!


Have a Happy Thanksgiving everyone!

"I am grateful for what I am and have. My thanksgiving is perpetual. It is surprising how contented one can be with nothing definite - only a sense of existence." —

~ Henry David Thoreau

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 15, 2019 00:35:44
Episode Cover

CryptoQuikRead_234 - How is Fiat Money Possible [Part 1 - Hans Hermann Hoppe]

"Fiat money is the term for a medium of exchange which is neither a commercial commodity, a consumer, or a producer good, nor title...

Listen

Episode

March 21, 2025 00:49:10
Episode Cover

Reboot - Read_773 - A Solution to Scaling Lightning

In this episode of Bitcoin Audible, I revisit an important concept that deserves more attention: timeout trees and their potential to revolutionize scaling for...

Listen

Episode

July 04, 2023 00:47:37
Episode Cover

Reboot - Bitcoin and The American Idea [Alex Gladstein]

"Today Americans celebrate 246 years of independence from the British Empire. On this day in 1776 the Founding Fathers made a declaration. It was...

Listen