Look, people will pitch you bitcoin in many ways, but what it really is is a successful production of artificial scarcity. You and I can type up some numbers and letters on our computers (f5d8ee39a430901c91a591…) but they would mean nothing. The trick is to achieve an agreement among all users that this string of numbers and letters is scarce. If you send that string of numbers and letters to someone else, the database updates, something gets deducted somewhere and added somewhere else. And b...