This episode of the Bitcoin Infinity Academy covers Sovereignty Through Mathematics Chapter 6: Scarcity
In this episode, we delve into the concept of scarcity, comparing it from multiple perspectives including American, British, and pirate. We discuss how scarcity relates to energy, time, value, and its local nature within a set framework. We also touch on the implications of this fixed supply on economies and the potential emancipation from state power through the separation of money and state. Don't miss our in-depth analysis of Bitcoin's revolutionary approach to digital scarcity!
Read the chapter on Nostr: https://primal.net/infinity/sovereignty-through%20mathematics%20chapter%206:%20scarcity
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The Bitcoin Infinity Academy is an educational project built around Knut Svanholm’s books about Bitcoin and Austrian Economics. Each week, a whole chapter from one of the books is released for free on Highlighter, accompanied by a video in which Knut and Luke de Wolf discuss that chapter’s ideas. You can join the discussions by signing up for one of the courses on our Geyser page!
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00:00 Intro
01:24 What Is Scarcity?
05:58 Scarcity in Money
09:36 Bitcoin vs Gold
19:16 Bitcoin and Absolute Scarcity
25:06 Scarcity as a One-Time Invention
31:54 Scarcity and Socialism
38:25 Separating Money from State
43:48 Wrapping Up