{"id":12538,"date":"2019-11-28T06:01:59","date_gmt":"2019-11-28T14:01:59","guid":{"rendered":"https:\/\/www.duck9.com\/?p=12538"},"modified":"2019-11-28T22:34:33","modified_gmt":"2019-11-29T02:34:33","slug":"decentralized-scarce-digital-via-mp3s-gold-gift-cards-and-bitcoin","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/decentralized-scarce-digital-via-mp3s-gold-gift-cards-and-bitcoin\/","title":{"rendered":"Decentralized, Scarce and  Digital via MP3s, Gold, Gift Cards and Bitcoin"},"content":{"rendered":"<p>Larry Chiang curates, <a href=\"https:\/\/ireport.cnn.com\/people\/larrychiang\" target=\"_blank\" rel=\"noopener noreferrer\">\u201cWhat They Don\u2019t Teach You at Business School\u201d<\/a>. Taking his mentor&#8217;s, Mark McCormack&#8217;s, advice he launched \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2011\/04\/25\/what-they-don%E2%80%99t-teach-you-at-stanford-business-school-at-harvard\/\" target=\"_blank\" rel=\"noopener noreferrer\">What They Don\u2019t Teach You at Stanford Business School<\/a> at Harvard. the same title as his NY Times bestseller). Larry Chiang is Entrepreneur in Residence at Stanford University. If you read his hilariously awesome \u201c<a href=\"https:\/\/whattheydontteachyouatstanfordbusinessschool.com\/blog\/2009\/12\/11\/what-a-supermodel-can-teach-a-stanford-mba\/\" target=\"_blank\" rel=\"noopener noreferrer\">What a Supermodel Can Teach a Stanford MBA<\/a>\u201d and \u201c<a href=\"https:\/\/gigaom.com\/2008\/02\/21\/howtoworktheroom\/\" target=\"_blank\" rel=\"noopener noreferrer\">How to Get Man-Charm<\/a>\u201d, you will like his latest post:<\/p>\n<p>Decentralized, Scarce and Digital via MP3s, Gold, Gift Cards and Bitcoin<\/p>\n<table width=\"100\" cellpadding=\"20\" align=\"left\">\n<tbody>\n<tr>\n<td width=\"100\"><a href=\"https:\/\/www.whattheydontteachyouatstanfordbusinessschool.com\/\"><img loading=\"lazy\" decoding=\"async\" class=\"\" title=\"cropped-head-shot1\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2011\/05\/cropped-head-shot1.jpg\" alt=\"\" width=\"79\" height=\"79\"><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>By Larry Chiang<\/p>\n<div dir=\"ltr\">Deep Undergrad Crypto Knowledge of what\u2019s&nbsp;<span style=\"font-size: 12pt; font-family: Helvetica\">Decentralized, Scarce and Digital<\/span><span style=\"font-size: 12pt; font-family: Helvetica\">&nbsp;<\/span><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0)\">Larry Chiang @duck9 (<a href=\"https:\/\/twitter.com\/larrychiang?s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/larrychiang\/status\/1199755313949356032?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><font color=\"#000000\">11\/27\/19, 12:22 PM<\/font><\/a><\/div>\n<div><font color=\"#000000\"><span style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><a href=\"https:\/\/twitter.com\/\u202a@jimmysong\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@jimmysong\u202c\u2069\">\u2066\u202a@jimmysong\u202c\u2069<\/a>&nbsp;Making the landscape very simple, but not simpler is what Albert Einstein aspired toward&nbsp;<\/p>\n<div>\n<div>\n<div>\n<p>His physicist base was in accounting,&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23ruleOf72&#038;src=hash\">#ruleOf72<\/a>.&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23cs183fanfe&#038;src=hash\">#cs183fanfe<\/a>&nbsp;I study how innovative tech gets adoption. cc&nbsp;<a href=\"https:\/\/twitter.com\/\u202a@mikojava\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@mikojava\u202c\u2069\">\u2066\u202a@mikojava\u202c\u2069<\/a>\u2019s \u201ctrust game theory or thermo\u201d, quote<\/p>\n<p>bcc&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%23CTCFTR&#038;src=hash\">#CTCFTR<\/a>&nbsp;<a href=\"https:\/\/t.co\/zcyvyqk95l\">pic.twitter.com\/zcyvyqk95l<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><\/span><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2019\/11\/image1-1.png\" alt=\"image1.png\" id=\"855D16E0-298B-49F0-A817-3A8A9A97DA4D\"><\/span><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\n<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">Decentralized Scarce Digital&nbsp;<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">MP3s Gold Gift card\u2019s bitcoin. #cs183mm<\/span><\/p>\n<p style=\"margin: 0px; font-stretch: normal; line-height: normal\"><span style=\"background-color: rgba(255, 255, 255, 0)\">#ch2, Treasure Map<\/span><\/p>\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/1131685846481088512\/42UPDKnB_normal.png\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/span><\/td>\n<td><b style=\"background-color: rgba(255, 255, 255, 0)\">Jimmy Song (\uc1a1\uc7ac\uc900) (<a href=\"https:\/\/twitter.com\/jimmysong?s=11\">@jimmysong<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/jimmysong\/status\/1199728349767225344?s=11\" style=\"caret-color: rgb(0, 0, 0); background-color: rgba(255, 255, 255, 0)\"><font color=\"#000000\">11\/27\/19, 10:35 AM<\/font><\/a><\/div>\n<div><span style=\"background-color: rgba(255, 255, 255, 0)\">The properties of Bitcoin in order of importance is Scarcity, then Decentralization and finally its Digital nature. In that sense Bitcoin has more in common with Gold than Altcoins (which belong in the same area as Gift Cards).&nbsp;<a href=\"https:\/\/t.co\/QiJ8P5ln7o\">pic.twitter.com\/QiJ8P5ln7o<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\">Prepaying \u201clunch money\u201d<br \/>\nPremining, coin<\/span><\/p>\n<\/div>\n<div dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2019\/11\/image2-11.jpeg\" alt=\"image2.jpeg\" id=\"2EF37E7A-AC5C-455C-B5C8-173DAC2EC862\"><span style=\"background-color: rgba(255, 255, 255, 0)\"><br \/>\nPrepaying holiday gift cards with a nice 40% kickback like&nbsp;<\/span><span style=\"background-color: rgba(255, 255, 255, 0)\"><a href=\"mailto:\u2066\u202a@RoysRoy\u202c\u2069\">\u2066\u202a@RoysRoy\u202c\u2069<\/a><\/span><\/div>\n<div dir=\"ltr\">\n<table style=\"border: 1px solid black; padding: 8px\">\n<tbody>\n<tr valign=\"bottom\">\n<td width=\"48\"><img decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/profile_images\/613751289587957760\/ZN0VKUOa_normal.jpg\" style=\"width: 48px; height: 48px; padding-right: 8px\"><\/td>\n<td><b>Larry Chiang @duck9 (<a href=\"https:\/\/twitter.com\/larrychiang?s=11\">@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<div><a href=\"https:\/\/twitter.com\/larrychiang\/status\/1199753200179580928?s=11\">11\/27\/19, 12:13 PM<\/a><\/div>\n<div><a href=\"https:\/\/twitter.com\/\u202a@jimmysong\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@jimmysong\u202c\u2069\">\u2066\u202a@jimmysong\u202c\u2069<\/a> Prepaying \u201clunch money\u201d<\/p>\n<div>\n<div>\n<div>\n<p>Premining, coin<\/p>\n<p>Prepaying holiday gift cards with a nice 40% kickback like <a href=\"https:\/\/twitter.com\/\u202a@RoysRoy\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@RoysRoy\u202c\u2069\">\u2066\u202a@RoysRoy\u202c\u2069<\/a>cc <a href=\"https:\/\/twitter.com\/\u202a@arrington\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@arrington\u202c\u2069\">\u2066\u202a@arrington\u202c\u2069<\/a> and Charlie <a href=\"https:\/\/twitter.com\/\u202a@SatoshiLite\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@SatoshiLite\u202c\u2069\">\u2066\u202a@SatoshiLite\u202c\u2069<\/a> and <a href=\"https:\/\/twitter.com\/\u202a@VinnyLingham\u202c\u2069\"><\/a><a href=\"mailto:\u2066\u202a@VinnyLingham\u202c\u2069\">\u2066\u202a@VinnyLingham\u202c\u2069<\/a> <a href=\"https:\/\/t.co\/geJ9QlAqZs\"><span>pic.twitter.com\/geJ9QlAqZs<\/span><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"background-color: rgba(255, 255, 255, 0)\">Bogged from my personal iPhone, 650-283-8008,&nbsp;<\/span>that Steve Jobs texted me on<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Larry Chiang curates, \u201cWhat They Don\u2019t Teach You at Business School\u201d. Taking his mentor&#8217;s, Mark McCormack&#8217;s, advice he launched \u201cWhat They Don\u2019t Teach You at Stanford Business School at Harvard. the same title as his NY Times bestseller). Larry Chiang is Entrepreneur in Residence at Stanford University. If you read his hilariously awesome \u201cWhat a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12538","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=12538"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/12538\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=12538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=12538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=12538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}