Bitcoin
Acquired
00:00
The Big Idea in Soft Ware
The big idea in software is the transition from creating abundance through infinite replication at zero marginal costs to creating scarcity through software on the internet. The evolution from Windows 95's infinite replication to Bitcoin's creation of scarcity was a revolutionary shift. Bitcoin achieved this by introducing a peer-to-peer distributed time server that generates a computational proof of the chronological order of transactions, ensuring the uniqueness and scarcity of digital assets in a decentralized manner.
Transcript
Play full episode
