2minutebitcoin on Nostr: In a way of looking at it, a store of value is captured energy that does not decay. ...
In a way of looking at it, a store of value is captured energy that does not decay.
The invention of cereals (stabilized starch) and later frozen food both unlocked humanity the ability to store food energy for longer periods of time.
These were essentially stores of value - captured energy that would not decay. They took the entropy out of food.
Similarly, fiat money today can be seen as a high entropy storage device. It bleeds value (energy) continuously.
Bitcoin contrastly can be seen as a deep freeze - the absolute zero of storing your monetary energy. It sucks all the entropy out of it, knowing you are guaranteed the same percentage fraction of the money supply of all time -- something no other asset in the world can offer.
-- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/saylor-series-episode-2-the-rise-of-man-through-the-dark-and-steel-ages-robert-breedlove
The invention of cereals (stabilized starch) and later frozen food both unlocked humanity the ability to store food energy for longer periods of time.
These were essentially stores of value - captured energy that would not decay. They took the entropy out of food.
Similarly, fiat money today can be seen as a high entropy storage device. It bleeds value (energy) continuously.
Bitcoin contrastly can be seen as a deep freeze - the absolute zero of storing your monetary energy. It sucks all the entropy out of it, knowing you are guaranteed the same percentage fraction of the money supply of all time -- something no other asset in the world can offer.
-- an excerpt from the Saylor Series Episode 2 - the Rise of Man through the Dark and Steel Ages, its 2-minute version can be found here https://www.2minutebitcoin.org/blog/saylor-series-episode-2-the-rise-of-man-through-the-dark-and-steel-ages-robert-breedlove