Gold may be lovely and durable, but its supply is infinite. We will soon have the technology to extract it from asteroids and from the ocean in virtually unlimited quantities. I'll be tired of tripping over the gold doorstops, and my wife will be saying "I've had it with dusting all these gold knick-knacks; Honey, will you please take this box to the Good Will?"
In stark contrast, bitcoin is the first technological creation of "digital scarcity." There will never be more than 21 million bitcoin minted, and millions have already been irretrievably lost. Those that remain are the first true property that can be owned with zero maintenance cost and without tax and completely divorced from and inaccessible by the beast of the state. They can be sent person to person anywhere in the world at the speed of light, and easily transported across borders in our heads without the possibility or fear of being confiscated by tyrants.
In other words, bitcoin is truly wise money; there is no second best.
Merry Christmas, Troy!
Gold may be lovely and durable, but its supply is infinite. We will soon have the technology to extract it from asteroids and from the ocean in virtually unlimited quantities. I'll be tired of tripping over the gold doorstops, and my wife will be saying "I've had it with dusting all these gold knick-knacks; Honey, will you please take this box to the Good Will?"
In stark contrast, bitcoin is the first technological creation of "digital scarcity." There will never be more than 21 million bitcoin minted, and millions have already been irretrievably lost. Those that remain are the first true property that can be owned with zero maintenance cost and without tax and completely divorced from and inaccessible by the beast of the state. They can be sent person to person anywhere in the world at the speed of light, and easily transported across borders in our heads without the possibility or fear of being confiscated by tyrants.
In other words, bitcoin is truly wise money; there is no second best.
Thanks for stopping by, old friend!
😄😇😉
