Woo responded to an X post by Matteo Pellegrini, CEO of the Bitcoin-focused social networking app Club Orange, arguing that Bitcoin is not scarce but finite. Woo said that scarcity is defined by a ...
A growing chorus of technologists and futurists now argue that scarcity is ending. The future may be post-old-scarcity but it will not be post-scarcity.
Bitcoin is obviously scarce. And it seems to be becoming scarcer over time. But, perhaps due to the current bull run, doubts about both of these propositions are seemingly on the rise among bitcoin ...
This month’s column has been particularly difficult to write. Normally, I’m not very emotionally involved in the topic other than it touches on things that I care about. I can normally keep my mental ...
You can’t always get what you want. - The Rolling Stones As we usually think of it, scarcity is the economic problem of having unlimited human wants and needs in a world of limited resources. We have ...
Economics is the study of how we use our limited resources (time, money, etc) to achieve our goals. This definition refers to physical scarcity. In a recent book titled Scarcity, Mullainathan & Eldar ...
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