The artificially generated scarcity on which bitcoin proposes to found a new monetary system is one of its truly weird

The artificially generated scarcity on which bitcoin proposes to found a new monetary system is one of its truly weird features. Gives rise to bizarre process of coin mining.
New Chartbook Newsletter #15 wraps with Alexander Clapp’s remarkable essay.
adamtooze.substack.com/p/chartbook-ne… https://t.co/VpafJkZuT7

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