digital scarcity
Word Rarity
Rare
Frequency: Zipf frequency 3.36 in modern English
24
Scrabble Score
15
Letters
5
Syllables
10
Unique Chars
Meaning
noun
A limitation, imposed through software, of digital information; in particular, the limitation on the total supply of a cryptocurrency or other crypto-based tokens.
Uncountable
Example Sentences
- "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."
- "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."
- "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."