Bitcoin is Digital Scarcity \ stacker news ~bitcoin

Bitcoin is Digital Scarcity dergigi.com/2022/10/02/bitcoin-is-digital-scarcity/

15.2k sats \ 10k boost \ 27 comments \ @dergigi 2 Oct 2022 bitcoin

872 sats \ 0 replies \ @dergigi OP 2 Oct 2022

I started work on this over 2 years ago, and finally pushed it over the line. Happy to answer any questions over the next 48h or so.

127 sats \ 2 replies \ @DarthCoin 2 Oct 2022

Not sure if you know but your amazing articles are also translated in Spanish: https://estudiobitcoin.com/dinero-magico-de-internet/

10 sats \ 0 replies \ @dergigi OP 2 Oct 2022

I'm aware! They should all be listed here: https://dergigi.com/translations

0 sats \ 0 replies \ @nymkey 3 Oct 2022

Translations are very personal and after reading few lines of the 
Spanish site linked I would probably change some expressions.

I would suggest opening a Github to accept contributions and
changes to the translation so they are they closer to theoriginal
work by Gigi.  

Just a suggestion, of course.```

121 sats \ 0 replies \ @MeyrickDabs 3 Oct 2022 freebie

@dergigi what are your thoughts on infinite halving.

That way, block rewards would always be there.

111 sats \ 2 replies \ @Wil 3 Oct 2022

I love this takeaway. Dergigi will single handily make bitcoin concepts and vocabulary accessible to the masses.

"admins” abuse their powers and print more outright,

"players” find ways to make more of it cheaply,

"the arena” ceases to exist, either because of bankruptcy, intervention, or collapse.

42 sats \ 1 reply \ @dergigi OP 3 Oct 2022

Lingo in bitcoin is insanely tricky. I wish we would have better words to describe it, but I'm afraid that we're stuck with old and misleading metaphors. https://dergigi.com/terminology

42 sats \ 0 replies \ @nymkey 3 Oct 2022

Absolutely, the concepts "mining", "wallet" and so on, are so far-fetched that
are causing most of the confusion.

I will insist on calling Bitcoin 'electronic cash',
it was it from the very beginning and that will be, forever.```

145 sats \ 0 replies \ @020f1194ef 3 Oct 2022 freebie

always amazed by your work

145 sats \ 0 replies \ @tack_bob 3 Oct 2022 freebie

Whats the biggest risk to Bitcoin?

145 sats \ 0 replies \ @02fe55de0a 3 Oct 2022 freebie

Do you have a morning routine?

101 sats \ 1 reply \ @ln123 2 Oct 2022

+1k, thankyou, great read!

0 sats \ 0 replies \ @dergigi OP 3 Oct 2022

Thank you 🙏🧡

101 sats \ 1 reply \ @tomlaies 2 Oct 2022

Yes, the double-spending problem was one of the biggest achievements early cypherpunkers.

We did have hash-and-sign before. But in a decentralized (not signed by one individual) and fungible was an amazing feat. Very under-appreciated.

0 sats \ 0 replies \ @dergigi OP 2 Oct 2022

Indeed! I portrayed some of this history in Chapter 1: https://21-ways.com/1/

100 sats \ 2 replies \ @BitcoinMaxiNewsdotCom 3 Oct 2022

Sounds like you are more in agreement with Jason Lowery's cyberdome defense/attack take than you may care to admit...

210 sats \ 1 reply \ @dergigi OP 3 Oct 2022

But I do admit it: https://twitter.com/dergigi/status/1521957870396493825

1 sat \ 0 replies \ @BitcoinMaxiNewsdotCom 3 Oct 2022

Cool. Didn't know...👍😎

100 sats \ 0 replies \ @___ 3 Oct 2022 freebie

What are your biggest concerns regarding Bitcoin?

100 sats \ 0 replies \ @Humblestacker 3 Oct 2022 freebie

Another awesome post, can’t wait till your new book is released…couldn’t think of a Bitcoin related question but was wondering what do you do for fun or downtime that doesn’t include computers or a screen?

1 sat \ 1 reply \ @Wil 2 Oct 2022

Wow! haven't finished it yet but this looks like another legendary post. Thanks dergigi!

21k sats \ 0 replies \ @dergigi OP 2 Oct 2022

Thank you for the premature praise! 😅🧡

0 sats \ 0 replies \ @CarlBMenger 3 Oct 2022

Cheers from Austria. Huge fan of yours. Keep it up. 🧡

0 sats \ 0 replies \ @nymkey 3 Oct 2022

It is happening, slowly, but unstoppable.

0 sats \ 1 reply \ @Lost_dogz 3 Oct 2022

Take these 10k sats as a token of appreciation for this article and the great writing that you do in general Gigi. Keep it up and I look forward to the whole book, whenever it's done 😉

60 sats \ 0 replies \ @dergigi OP 3 Oct 2022

Thank you! Very kind 🙏🧡

0 sats \ 0 replies \ @satoshis_nakamotus 3 Oct 2022 freebie