I'm now re-reading it for the third time!
@NSKinsella has changed my fundamental economical and moral axiom, and he has started me down a new rabbit hole which culminates in my Bachelor's thesis.
THANK YOU, Stephan!
mises.org/library/agains…
non-simulated shared ownership of scarce #Bitcoin with multi signatues in the #lightningnetwork.
If you've read Stephan's book, then you understand the ground breaking innovation of multisig described in my title. :)
github.com/MaxHillebrand/…
This is wrong.
The quantity of a good has nothing to do with the binary attribute of scarcity.
This is the perfect explanation of scarcity:
"The very possibility of conflict over a resource renders it scarce."
![](https://pbs.twimg.com/media/D48DDLFW0AAl0at.jpg)
![](https://pbs.twimg.com/media/D48DOCmX4AEIMCo.jpg)
"[The formulas] productive power is inexhaustible; it is therefore not an economic good; [...] but [it] can become [an] economic good only if [it is] monopolized and [its] use is restricted."
![](https://pbs.twimg.com/media/D48FIFfX4AI8FsE.jpg)
#Bitcoin 🤯
![](https://pbs.twimg.com/media/D48LHX9WsAADfdB.jpg)
First, do a tweet storm while you are reading it, great for sharing your notes and first impressions.
Second, write a long form summary and ellaborate your point of view of the topic.
Here is my chapter on scarcity:
github.com/MaxHillebrand/…