{"id":618627,"date":"2024-05-10T18:08:46","date_gmt":"2024-05-10T22:08:46","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=618627"},"modified":"2024-05-10T18:08:48","modified_gmt":"2024-05-10T22:08:48","slug":"digital-cash-2","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/05\/10\/digital-cash-2\/","title":{"rendered":"Digital \u00e2\u20ac\u0153cash\u00e2\u20ac\u009d?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Gold as money that nobody can print \u00ef\u00bf\u00bc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Proof and verification<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Difficulty adjustment<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">100,000,000 Satoshis<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Keep stacking those Satoshis<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It can\u00e2\u20ac\u2122t even be interrupted<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hard to kill<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Strong people are harder to kill?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Maybe the point is just to not be killed? Or not able to be killed?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Inelastic<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The difficulty of producing new coins \u00ef\u00bf\u00bc \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Digital scarcity<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Copying versus sending<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Absolute scarcity \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Inflation schedule is immutable<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Real cost versus fake cost? Real cost include time effort and labor<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When people continue to hold the currency the value goes up?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The more people who hold the higher value \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The more hodler\u00e2\u20ac\u2122s, the batter<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin as a store value, not as a medium of exchange<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Making money with bitcoin through processing fees?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The more volatile, the more fun and interesting<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u00ef\u00bf\u00bcA life without volatility is not a life \u00ef\u00bf\u00bc\u00ef\u00bf\u00bcworth living<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The more volatility in life, the more fun and better life?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold as money that nobody can print \u00ef\u00bf\u00bc Proof and verification Difficulty adjustment 100,000,000 Satoshis Keep stacking those Satoshis It can\u00e2\u20ac\u2122t even be interrupted Hard to kill Strong people are harder to kill? Maybe \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-618627","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/618627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=618627"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/618627\/revisions"}],"predecessor-version":[{"id":618628,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/618627\/revisions\/618628"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=618627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=618627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=618627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}