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digital scarcity

noun

Definitions

  1. The lack of access to digital infrastructure such as the Internet.

  2. A limitation, imposed through software, of digital information

    A limitation, imposed through software, of digital information; in particular, the limitation on the total supply of a cryptocurrency or other crypto-based tokens.

    • Until 2009 digital scarcity did not exist in any meaningful way. If I had a file on my computer – a picture of a cat, say – I could copy that file for as many people as I wanted at a price too low to calculate.
    • With this technological design, Nakamoto was able to invent digital scarcity. Bitcoin is the first example of a digital good that is scarce and cannot be reproduced infinitely.
    • The CryptoKitties team addressed the concept of digital scarcity for singular items by way of their digital collectibles. No two CryptoKitties are alike—each one is unique.

The neighborhood

Vish — recursive loop

No curated loop yet for digital scarcity. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA