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@ Justin Blanckenberg
2025-05-22 14:19:49
All physical commodities will explode in abundance with technology advancements. You can however only create a digital commodity once. Digital is numbers on a screen. In order for numbers on a screen to have any value you have to be able to cap the supply and achieve network security first. Once you have achieved finite supply and network security, you have invented a digital commodity, and it cannot ever be invented again. Because by doing so you have now increased the supply in which case it’s not a digital commodity. If you can invent one more digital commodity, what’s stopping you from doing it again and again. The network effect is what restricts anything else from replacing the original commodity. The digital commodity will be worth more than anything else because it’s the only fixed supply commodity. That’s why there is no second best. Everything else is fiat. #bitcoin