To get what you want from AI, you have to be precise.
Work on your verbal skills.
Myntad
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Bitcoin insight made simple. For Bitcoiners and Precoiners.
Plenty of things are scarce and still worthless.
Demand is what matters.
Demand for goods can be satisfied.
Demand for purchasing power rarely is.
It's wild that you can actually buy real things with fiat currency still. Take advantage.
NEW POST: Scarcity Alone Does Not Imply Value.
So why is Bitcoin valuable — and what role does scarcity actually play?
Myntad
Scarcity Alone Does Not Imply Value - Myntad
Bitcoin is scarce. Its supply is limited, and dividing coins into smaller units does not create more of it. But scarcity alone does not automatical...
Divisibility is a vital characteristic of money.
Nostr content feels authentic.
Build your four forms of capital. This will make you resilient in a rapidly changing world.
The physical properties common among financial capital assets makes the capital form vulnerable to theft.
1 BTC = 100,000,000 satoshis
21,000,000 BTC = 2.1 quadrillion satoshis
Bitcoin changes the power dynamic among the capital forms.
Because we are used to digital information being endlessly copyable, digital scarcity may feel counter-intuitive.
“If bitcoin can be divided forever, how can it ever be scarce?”
I wrote a deep dive explaining why divisibility does not break scarcity.
Myntad
If Bitcoin Can Be Divided Forever, How Is Supply Still Limited? - Myntad
“Bitcoin is nothing. They can just be split into smaller parts named ‘bitcoin’, and suddenly more bitcoin has been created.”...
Cultural capital protects one’s cognitive sovereignty.
Social capital protects one’s position.
Symbolic capital protects one’s legitimacy.
Financial capital now protects one’s economic autonomy.
Cultural capital is under threat of dilution by increasingly knowledgeable and capable AI.
Now is a though time to orange-pill, but it is also a great time to orange-pill.