Part 4/14:
Saylor highlights that the killer use case of digital scarcity is digital capital: the ability to preserve and transfer economic energy across space and time. Bitcoin’s proof-of-work network, secured by energy and physics, establishes an immutable, tamper-resistant base for this digital capital, outclassing traditional assets like gold or fiat currencies in longevity and security.
Digital Property, Self-Custody, and Global Rights
The industry’s evolution also saw the rise of digital property rights enabled by private keys, transforming digital information into property that can be owned, transferred, and inherited. The industry dreamt of absolute, unfettered property rights—ownership that no entity can revoke or censor.