111 sats \ 2 replies \ @Wil 3 Oct 2022 \ on: Bitcoin is Digital Scarcity bitcoin
I love this takeaway. Dergigi will single handily make bitcoin concepts and vocabulary accessible to the masses.
  1. "admins” abuse their powers and print more outright,
  2. "players” find ways to make more of it cheaply,
  3. "the arena” ceases to exist, either because of bankruptcy, intervention, or collapse.
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42 sats \ 1 reply \ @dergigi OP 3 Oct 2022
Lingo in bitcoin is insanely tricky. I wish we would have better words to describe it, but I'm afraid that we're stuck with old and misleading metaphors. https://dergigi.com/terminology
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42 sats \ 0 replies \ @nymkey 3 Oct 2022
Absolutely, the concepts "mining", "wallet" and so on, are so far-fetched that
are causing most of the confusion.

I will insist on calling Bitcoin 'electronic cash',
it was it from the very beginning and that will be, forever.```
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