How do you explain the concept of ‘digital scarcity’ to someone new to Bitcoin?
You send an email you now have two identical emails.
You send bitcoin it’s like me handing that coin from my pocket into your hand.
Discussion
CS-Go skins
Talk about gold it is an easier explanation. That gold is rare but they dig 2% of it every year and Bitcoin is scarcer than that
Yes that’s absolute (non only digital) scarcity. The non replicability is inherent to Bitcoin’s digital nature.
Ah! I misunderstood what you meant. It’s never good to go too technical, but essentially the concept of the blockchain or timechain. All bitcoins every 10 minutes are accounted for by everybody present in the network. We always know how many exist, where they are and how many are created. The rules are set in the code and cannot be changed unless everybody agrees to change it (not going to happen). This allows for the concept of digital scarcity to occur.