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Unlike Gold, bitcoin's rarity is artificial, comparison of Bitcoin to high-end artworks might be a more proper one.
by oh-kumudo 9y ago
Unlike Gold, bitcoin's rarity is artificial, comparison of Bitcoin to high-end artworks might be a more proper one.
- paulddraper 9y agoIt's not artificial, it's based on natural laws of computation. Choosing a particular starting block or blockchain algorithm is arbitrary. Just as choosing a particular metal is arbitrary. Its scarcity is 100% natural.