Dictionary
Words, grammatical forms and meanings linked to the ontology.
digital scarcity en · NOUN
Meanings
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(qualifier:originally, uncountable) The lack of access to digital infrastructure such as the Internet.
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(uncountable) A limitation, imposed through software, of digital information; in particular, the limitation on the total supply of a cryptocurrency or other crypto-based tokens.
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.
2018, Saifedean Ammous, The Bitcoin Standard: The Decentralized Alternative to Central Banking, John Wiley & Sons, →ISBN, page 177: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.
2021, Tiana Laurence, Seoyoung Kim, NFTs For Dummies, John Wiley & Sons, →ISBN, page 22: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.
2018, Simon Dingle, In Math We Trust: Bitcoin, Cryptocurrency and the Journey To Being Your Own Bank, Jonathan Ball Publishers, →ISBN: