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The mortal sin is to consider artificial rarity a good thing. The internet is infinite, the appeal of the metaverse is exacty because you can be infinitely youn
by jdrc 5y ago
The mortal sin is to consider artificial rarity a good thing. The internet is infinite, the appeal of the metaverse is exacty because you can be infinitely young, infinitely rich, have infinite partners, break ouf of the constraints of this world. Constrained virtual worlds are called games and have a different objective. If we are to build a zero sum world, we d better stick to the physical one.
- birracerveza 5y agoEDIT: nvm
- anhner 5y agoI think that was his one of his points. What about the inverse? How fun would it be if on the internet you could only order an arbitrary number of a digital product, like an ebook? For example "only 1000 people can order this [infinitely copyable, but digitally restricted] book".
- bitcoin_anon 5y agoBitcoin is about sound money in the real world. Artificial rarity is a feature in that space. Proof of work is about grounding the system in the physical world.
- cuteboy19 5y agoAnd now we have 90000 Bitcoin clones with only slight differences. Every dollar invested into these shitcoins is a dollar not invested into Bitcoin. So much for rarity
- bitcoin_anon 5y agoIf I sell you fools gold or silver, does that change the rarity of gold?
- jdrc 5y agobitcoin is not about creating artificial rarity, it's a different kind of system that creates real rarity, and can defend itself. Artificial rarity is when copiable or physical items are being considerer rare by fiat of a smart contract that cannot enforce itself, is not fundamentally tied to the item, and ultimately depends on the kindness of strangers to keep functioning.