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Perfect Scarcity - Bitcoin Poem 095.  Number 024 in the Problems and Solutions series.  Inspired by Dante at Swan Bitcoin.  So many things used for money stopped being money when they stopped being scarce.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery094WhoControlsTheLedger.html

Money is just a ledger - a simple way to track who has what.  You can do this through commodity money, or a written or digital ledger.

Imagine you are playing cards with seven friends, and you each use pennies, or quarters, or poker chips, or jelly beans to track who wins and who loses.  This is an example of commodity money, where you literally give Lance 10 chips and you don't have them anymore.

OR, you can get a blank sheet of paper, and write eight names across the top, and keep track on paper.  You can each start out with 500.  Then when Lance owes you 25, you just subtract 25 from his total and add it to yours.  

Both commodity money and ledger money are simply ways to track who owns what and who owes what.  Over history, commodity money tends to develop among groups or nations who don't trust each other, and ledger money tends to work better in groups that mostly trust each other.

And, of course these days most ledger money is digital, for example, Venmo, PayPal, your bank account, and many more.  

But these require a middle man, or a company, and can you trust them?  Sometimes you can, and sometimes you can't.  

Can you trust them to accurately maintain the ledger, AND not create new units of the currency for themselves (which debases the value of your holdings)?  With Bitcoin, nobody is in control (and everybody is in control) - or more aptly, the code (or the rules) are in control.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery093Consumption.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery092FreeFromTheWhims.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery091TheBitcoinHalving.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery090Vision.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery089BitcoinForHumanity.html.  Question comes from Jim Cramer - an investor.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery088PeerToPeer.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery087FreedomNeverDies.html. Inspired by the end of Ayn Rand's book Anthem.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery086StakeYourClaim.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery085BigGovernment.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery084Neutrality.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery083Savings.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery082ThePriceThatYouDeserve.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery081BitcoinItAllAddsUp.html
The bitcoin supply formula is on the background, with some explanations.  The math just keeps on working.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery080TheBitcoinSerenityPrayer.html
Parody of The Serenity Prayer by Reinhold Niebuhr

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery079HomeAffordability.html
Do you know how Bitcoin solves this problem?  Do you know why houses are priced so high?

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery078FreedomToTransact.html
Inspired by the Magna Carta - which King John was forced to sign on June 15, 2015.

This was a freedom document that contained basic rights, such as the freedom to transact, and the right to a fair trial.

Unfortunately, most countries have strayed from these basic rights, surveilling citizens and censoring or controlling free market transactions.

Bitcoin restores this right - because it's open to all, and difficult to censor or control.

You can see the poem on a background here - https://www.bitcoinpoems.pro/delivery077BitcoinsNotAHedge.html
Inspired by Parker Lewis and his video and article about Bitcoin not being a hedge against inflation.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery076Antithetical.html
Inspired by Russell Brand "Their control is antithetical to your freedom"

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery075BitcoinIsLiberating.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery074BloomAndGrowForever.html
This poem can be sung to the song “Edelweiss” from the Sound of Music. The edelweiss flower grows in some of the toughest alpine conditions in the world.  Likewise, Bitcoin must survive and thrive in tough and adversarial conditions throughout the world.

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery073YourVoiceMatters.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery072FullOfBreaches.html
Inspired by this quote from Satoshi
The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.

Satoshi Nakamoto

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery071Fallibility.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery070InMyDay.html
“If there must be trouble, let it be in my day, that my child may have peace; and this single reflection, well applied, is sufficient to awaken every man to duty.”

Thomas Paine, The Crisis

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery068YouCantPrintProsperity.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery067WhenMoneyDies.html
There is a book by the same name, documenting the hyperinflation in Germany.  Read it if you dare.

The exact title is When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar, Germany.

Deficit spending is immoral, ineffective, and hurts people.

When new units of money are created easily, they go to certain groups and people first.  Look up the Cantillon Effect

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery065DarkForces.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery064Portability.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery063AnIncreasinglyCostlyMistake.html

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery061RunningTwiceAsFast.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery060BitcoinChangesTheGame.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery017TickTockNextBlock.html

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery058Surety.html

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery056BitcoinIsFreeWill.html

You can see this poem on a background here https://www.bitcoinpoems.pro/delivery055TrueThingsPrevail.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery054OutOfThinAir.html
Look up Representative Brad Sherman Out of Thin Air

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery053OrangeVsGreen.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery052BitcoinEveryDay.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery051Seigniorage.html
You work for the money that other people print for free - that's the advantage of Seigniorage.
For them, not you.

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You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery049SlyRoundaboutWay.html

You can see this poem on a background here - https://www.bitcoinpoems.pro/delivery048Stability.html

You can see this poem on a background here https://www.prosperitypoems.com/delivery146Choiceful.html