"The difference between the Linden Dollar, World of Warcraft Gold, Fortnite V-Bucks, the Euro, and the U.S. dollar is in scale, not in nature. While V-Bucks are created and controlled by Epic Games (the company that created Fortnite), the U.S. dollar is created and controlled by the Fed. One impacts millions of people, the other billions. The mechanism that keeps these monies in check—the rules of the game, if you will—is the same in both cases: central decree." - DerGigi
You don't want to miss this incredible piece from DerGigi, another chapter released from his forthcoming book 21 Ways, Bitcoin is Digital Scarcity. On the ideas that define Bitcoin and why fiat, CBDCs, Linden dollars, and World of Warcraft gold are *virtual money* that is also digital, but Bitcoin is the first digital money that is actually real. Protected by the inescapable reality of computation. Don't miss this one
Check out the original article at the link below, plus tons of other great works from Gigi
https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity/
Check out our amazing sponsors and the products that Guy uses most in the space:
• COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/)
• The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy)
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold)
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
You don't want to miss this incredible piece from DerGigi, another chapter released from his forthcoming book 21 Ways, Bitcoin is Digital Scarcity. On the ideas that define Bitcoin and why fiat, CBDCs, Linden dollars, and World of Warcraft gold are *virtual money* that is also digital, but Bitcoin is the first digital money that is actually real. Protected by the inescapable reality of computation. Don't miss this one
Check out the original article at the link below, plus tons of other great works from Gigi
https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity/
Check out our amazing sponsors and the products that Guy uses most in the space:
• COME HANG OUT! Join us and the Swan Bitcoin team at the Pacific Bitcoin Conference in November! Get your tickets now, 10% off with code BITOCINAUDIBLE (https://www.pacificbitcoin.com/)
• The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (swanbitcoin.com/guy)
• Dive into the Bitcoin only wallet, the cypherpunk calculator, and a company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 5% off everything in the store! (guyswann.com/coldcard)
• Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 5,000 FREE SATS at (guyswann.com/fold)
Learn more about your ad choices. Visit megaphone.fm/adchoices
---
Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
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