1 BTC = 100,000,000 satoshis
21,000,000 BTC = 2.1 quadrillion satoshis
Myntad
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Expressing thoughts about Bitcoin and adjacent topics, hoping to provide insight and perspective.
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.
Do you think of “capital” as just money and other financial assets?
Myntad
How Bitcoin Changes the Power Dynamics of Capital - Myntad
Do you think of “capital” as just money and other financial assets? Like Pierre Bourdieu and many others, I think there are good reasons to con...
Capital is changing.
Myntad is a new platform for ideas on Bitcoin and adjacent topics.
First essay is live.
How Bitcoin Changes the Power Dynamics of Capital
myntad.com
