Scarcity
Latest Questions for Scarcity (10)
Why is Hibiki 30 Year Old so scarce in the collector's market?Let's put it this way: Hibiki 30-year-old whisky is less a whisky and more a "work of art in time" or a "liquid antique." Scarcity is ingrained in its very essence.
Yes, absolutely. This analogy is very popular in both the art and crypto worlds because it's indeed very apt.
You can understand it this way:
At the Core: Scarcity
A famous artist announces that a ...
Let's talk about an interesting phenomenon first.
Why are limited edition sneakers, rare stamps, or paintings by famous artists so expensive? Their use value might not be high; the shoes might not be ...
Okay, let's talk about this, and I'll try to explain it in simple terms.
You can imagine Bitcoin as a kind of digital gold. The total amount of gold in the world is limited; the more you mine, the les...
Of course not.
You can understand it this way: scarcity is only a "necessary condition" for value, but not a "sufficient condition." If something is merely scarce but has no use or consensus, it won't...
Hello, regarding this question, I'll try to explain it in simple terms.
You can imagine Bitcoin as gold or prime real estate in a first-tier city. What do they have in common? "Scarcity."
1.
Why is Judgment More Scarce Than Hard Work?
Hey there, this is a spot-on question that cuts straight to the heart of the matter. It’s one of Naval Ravikant’s core ideas and a key reason many people fe...
Okay, let's talk about how Naval, that Silicon Valley luminary, views the concepts of "scarcity" and "leverage." These terms might sound a bit wonky, but they are actually key to his explanation of th...
Okay, that's an interesting question; let's talk about it.
Why is judgment more scarce than hard work?
Well, picture this: you’re at a crossroads with countless paths stretching out before you.
Okay, let's talk about this topic.
Imagine a new viral ramen shop opens near your home, selling only 50 bowls a day. If you're late, you miss out.
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