bram on Nostr: “The digital scarcity of bitcoin is not virtual. It arises out of real, physical ...

“The digital scarcity of bitcoin is not virtual. It arises out of real, physical limits. The rules of #Bitcoin’s difficulty adjustment do not simulate physical laws, they are brought into existence because of physical laws.

Bitcoin is a digital item in a digital environment, brought about and kept alive by physical processes. It is the combination of the physical with the digital that gives Bitcoin its power: a digital commodity that can be sent around at the speed of light, inexorably linked to the physical laws of our universe.” -
Gigi ⚡🧡 (npub1der…xzpc)


🔗 https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity