To DLT or NOT TO DLT that is NOW the Quest Shone...
David Sacks
Who?
the average Aussie replies
Who TF IS DAVID SACKS...
and why should I care?
(well then Dear "She'll Be Right" Aussie,
you probably don't wanna know about Satoshi Nakamoto either...
but we will save THAT for another day, hey?)
Anyway back to DAVID, this is his post after all.
Those raw prawn sucking fair dinkum XXXX swilling Aussies, Oy Oy Oy, and all that erudition,
probably are NOT that interested in knowing what GOES on behind the scenes with their mum and dad holiday bookings, their drunken pumpkin safe rides home after The Ball, their doom scrolling social media, their hard earnt invested superannuation savings or GOD forbid any "legacy" nightly TV news & talk back radio packaging that they may slavishly consume.
David Sacks you say?
What EXACTLY are chew talkin' 'bout now Willis... ?
Digital SCARCITY...
in other words a new digital gold standard,
this time a digital precious zero/one zero/one zero/one
aka DATA, (the zero one digital stuff feeding LLM aka AI aka meta data, the data attached to data...)
DIGITAL SCARCITY is the new oil...
aka the new GOLD SCARCITY
and what is THE rarest scarcest GOLD now?
Patience Grasshopper. Please.
This is not a nugget of gold nor a fleck of golden colour nor a vein of underground GOLD.
This is digital scarcity and BOOMING up the charts to NUMBER ONE. With a rocket!
Music to those lucky enough to have secured GOLD back in the day...
To those miners or watchers or curious by standers who were paying attention and for a few mere shekels or pounds or rupees to have actually secured some DIGITAL gold... waaaaay back then...
NOT a precious golden Fort Knoxian RARE valuable metal craved and alluvial mined and once rushed for all over then world and panned in rivers and later mined and dug and found in deep seams of earth.... strikin' IT rich in THOSE analogue rushes, The golden rushes from 1840s to 1890's and EVEN today for keen amateur prospectors and serious metal detector NUGGET types and EVEN big mining magnates...
Now there IS a GOLDEN contemporary name (DAVID SACKS for those down the back) associated with some popular BRANDS you may be more familiar with...
Meta, Uber, Airbnb, SpaceX, PayPal,