Bitcoin איז אַ פאַרמאָג, נישט פאַרמאָג

By Bitcoin זשורנאַל - 7 חדשים צוריק - לייענען צייט: 4 מינוט

Bitcoin איז אַ פאַרמאָג, נישט פאַרמאָג

פאַרמאָג ערייזאַז געוויינטלעך, דורך אַרבעט (טראַנספאָרמיישאַן פון ענין) און דורך די פרידלעך וועקסל פון יחידים. עס איז אַ פונדאַמענטאַל באַגריף וואָס ינייבאַלז מענטש קאַמף דורך אַלאַוינג מענטשן צו באַפרידיקן באדערפענישן און נאַוויגירן אַנסערטאַנטי. דאָס רעזולטאטן אַז רעסורסן ווערן גענוצט מערסט יפישאַנטלי, ווייַל מענטשן וואָס פאַרמאָגן זיי האָבן אַ שטאַרק אינטערעס צו טאָן דאָס. אין קאַנטראַסט, די נויט פֿאַר אַ לעגאַל דעפֿיניציע פון ​​פאַרמאָג דורך אַ הויפט אויטאָריטעט אַזאַ ווי די שטאַט קען פירן צו רעסורסן קאַנטראָולד דורך יחידים וואָס טאָן ניט האָבן אַ שטאַרק אינטערעס צו נוצן זיי יפעקטיוולי. דאָס קען פירן צו יניפעקטיווז און זידלען, ווי מיר קענען אָבסערווירן ווערלדווייד.

"די human economy and property have a common economic origin, since both have their ultimate reason in the fact that there are goods whose available quantity is less than people's needs, and property is thus the same as the economy, not an arbitrary invention, but rather the only possible practical solution to the problem that the nature of things, the above-mentioned mismatch between demand and available quantity of goods, imposes on us for all economic goods - סי מענגער (פּרינציפּן פון עקאנאמיק, ז. 56).

טשאַלאַנדזשינג דיגיטאַל פאַרמאָג

When discussing the nature of bitcoin, it's important to address its classification as property. Unlike traditional assets, bitcoin as a digital asset, cannot be classified as property, because digital "property" is a concept that paradoxically excludes itself. Digital "things” do not exist, they are information. Therefore, one can never own the “thing” itself. While one can be in possession of bitcoin and have complete control over it by being in control of the private key or seed that enables the initiation of bitcoin transactions, one can never own bitcoin.

פאַרמעגן איז נישט אָונערשיפּ, און וויצע ווערסאַ. אין פּאָליטיש און לעגאַל פילאָסאָפיע, אַ דיסטינגקשאַן איז געמאכט צווישן פאַרמעגן (קאָנטראָל), which Ludwig von Mises calls "catallactic" or "sociological ownership", and ownership, a normative concept, which Mises calls "juristic ownership". One is factual, and one is normative. In addition, the digital nature of Bitcoin complicates the definition of ownership when multiple individuals possess the same seed. In such cases, legal frameworks are required to define ownership, underlining the need for a reassessment of the notion of digital property. ‌‌‌‌

Bitcoin: A Paradigm of Digital Self-Sovereignty ‌‌‌‌

Property is fundamentally a construct of the physical world and cannot be copied digitally. The importance of Bitcoin lies in establishing a paradigm of digital self-sovereignty that does not rely on authorities or legal systems. It centres around cryptographic control. This provides protection against invasions of privacy and ensures the protection of individual freedom. When stored in cold storage (offline), those bitcoin are the holder’s alone and are not at risk of confiscation or inflation by third parties. In addition, little can stop you from selling or taking bitcoin מיט דיר.

Satoshi Nakamoto explaining the power of Bitcoin at $0.07, exactly 13 years ago.

‌‌Bitcoin: A Portable Store of Value

די פּאָרטאַביליטי פון bitcoin distinguishes it from physical assets like gold, real estate, or art. While physical assets can be easily confiscated, destroyed, or taxed, bitcoin's digital nature renders it highly portable. In times of conflict or flight, bitcoin holders can securely relocate with their wealth by memorising a seed phrase. This mobility empowers individuals to escape the vulnerabilities of legal ownership and preserve their assets independently. Bitcoin is permission-less and resistant to censorship.

Due to its superiority as a קראָם פון ווערט, bitcoin has the potential to absorb a significant portion of the monetary premium that various forms of scarce goods have accumulated in the last decades under an inflationary monetary regime. This is especially relevant for real estate, as it has become the most widely used store of value under fiat. Around 67% of the world's wealth ($330 T) is stored in real estate today. A significant portion of that is likely to flow into Bitcoin over time.‌

Bitcoin's Absolute Scarcity

‌‌‌‌Bitcoin's unique feature of absolute scarcity sets it apart from other assets. New building land can be developed, new zoning laws may allow for more building space. A living artist can create more art. Gold production can increase when demand increases, and new gold can always be discovered. On earth and in space. The scarcity of bitcoin, however, is immutable. The finite supply of 21,000,000 is hard-coded into the protocol. The transparency of the open-source code ensures verifiability, reinforcing bitcoin's status as an absolutely scarce digital commodity.

מסקנא

Bitcoin is creating a paradigm of digital self-sovereignty, empowering individuals with full control over their wealth. Its inherent qualities, including portability, absolute scarcity, and cryptographic control, position it as a formidable store of value. It offers a new paradigm that aligns with the libertarian principles of the Austrian School of Economics. As societies navigate an evolving economic landscape, Bitcoin's role in securing productivity and promoting individual freedom becomes increasingly vital.

די פיייקייַט צו store value separate from the physical world is just as important as the separation of money and the state, because it guarantees everyone in the world with internet access the opportunity to build and protect wealth, which is one of the most important foundations for a free and self-determined life.

Bitcoin cannot be created arbitrarily or taken easily by force, but through proof-of-work and cooperation. This creates the basis for peaceful coexistence and efficient resource allocation between market participants.

איך וואָלט ווי צו דאַנקען סקאַלאַ פֿאַר זיין ווערטפול באַמערקונגען אויף דעם אַרטיקל ווי געזונט ווי R0ckstar און עריק קאַסאָן for the inspiration and our conversations about Bitcoin, property, crypto-sovereignty and real estate.

דאָס איז אַ גאַסט פּאָסטן דורך Leon Wankum. די אויסגעדריקט מיינונגען זענען לעגאַמרע זייער אייגן און טאָן ניט דאַווקע פאַרטראַכטן די פון BTC ינק אָדער Bitcoin זשורנאַל.

אָריגינעל מקור: Bitcoin זשורנאַל