“The digital scarcity of bitcoin is not virtual. It arises out of real, physical limits. The rules of #Bitcoin’s difficulty adjustment do not simulate physical laws, they are brought into existence because of physical laws.

Bitcoin is a digital item in a digital environment, brought about and kept alive by physical processes. It is the combination of the physical with the digital that gives Bitcoin its power: a digital commodity that can be sent around at the speed of light, inexorably linked to the physical laws of our universe.” -

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🔗 https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity