Just this morning had a fascinating 90-minute conversation with an intelligent mathematician. (Doctorate level education).

We got to talking about the concepts of primes, randomness, public private key pairs, and the philosophy of mathematics.

I asked what he thought about digital scarcity.

He said it sounded like I was interested in cryptocurrency, and warned me to stay away from them. I agreed with him that "cryptocurrencies" are scams.

But he couldn't see the value of digital scarcity in relation to money; and how a "digital" thing could ever be money, because it isn't real.He referred to the tulip craze, and said that even a tulip at is core has a commodity value of greater than zero.

While he wasn't ready just yet to engage in a conversation about Bitcoin, it was nonetheless delightful to me that I knew the answers to his concerns and criticisms.

I'm convinced that Bitcoin is the best form of money the world has yet seen.

Reminds me of Jack Mallers a few week ago, talking about how prior to Bitcoin, we just looked around and picked up things that were useful as hard money.

But we MADE Bitcoin. It's purpose-engineered to accomplish what we desire a high-quality money to accomplish.

Reply to this note

Please Login to reply.

Discussion

No replies yet.