Money, Work, Progress: How You Can Put More Meaning in Tech

Published: March 17, 2022, 2:46 a.m.

In this episode, Alexander McCaig and Jason Rigby compare gold, Bitcoin, and TARTLE.

We\u2019re looking at the evolution of money happening as we speak.

To start the discussion, Jason Rigby introduces a Twitter thread written by a user with the handle @SovereignSaxon, on episode 5 of The Saylor Series. This episode covers how Bitcoin is a \u201charder, smarter, stronger, and faster technology,\u201d and compares it to gold.\xa0

Evaluating the \u201cHardness\u201d of Gold vs Bitcoin

Relative to other metals, gold is a little soft. But as an individual, it does have some hardness to it. Bitcoin, on the other hand, is harder because of its 21 million cap and stock to flow mechanism.\xa0

Beyond this, Bitcoin is also more antifragile because its network becomes stronger when more machines process it and more people own it. With gold, the amount of machines working on the earth, as well as the labor that goes into processing it, is what determines the cost of gold. But increasing the manpower and labor won\u2019t make that network of mining and logistics any stronger.

In addition, gold is not as fast or as smart as Bitcoin. After all, Bitcoin doesn\u2019t weigh anything\u2014so nobody has to worry about the logistics of physically transporting gold from one place to another.\xa0

Gold isn\u2019t smart, either. It\u2019s just rock, or as Alexander McCaig puts it, \u201ca crystalline structure doing its thing.\u201d This means that gold does not have the capacity to evolve to fit the needs of humanity, unless we change the system in which it operates ourselves.

A Comparative Analysis Between Bitcoin and TARTLE

What\u2019s one way that TARTLE and Bitcoin are alike? TARTLE is flexible because the network evolves based on how people are using it. Bitcoin is composed of several elements: the software running on hardware, the hardware running in facilities that are plugged in the firm, the people operating and writing that software, and so on.\xa0

The people within the Bitcoin ecosystem work on improving branches of the cryptocurrency on multiple levels. They\u2019re improving the Square wallet, Binance exchanges, backend server exchanges, front-end client softwares, and more. Educators, communicators, analysts, and other experts from a wide variety of fields get to participate in the evolution of the network.\xa0

The TARTLE Marketplace functions in a similar manner. It\u2019s the same thing. That\u2019s why our users are called data champions. But what elevates TARTLE is its structure: the platform is instantaneous, completely feeless, and ultra low-energy. This means that the processing power required to run our software is minimal, even across millions of apps.\xa0

Closing Thoughts

TARTLE is capable of adapting to whatever humanity needs it to be. The platform was built to be flexible. Creating data and putting value in that data will always be an important aspect of technology.\xa0

The TARTLE Marketplace is different from Bitcoin because with the latter, there is only value in one area, which is the Bitcoin itself. In TARTLE, however, there are many millions of assets of different values. And people are free to change that as they see fit.

What\u2019s your data worth? \xa0www.tartle.co

TCAST is brought to you by TARTLE.

A global personal data marketplace that allows users to sell their personal information anonymously when they want to, while allowing buyers to access clean ready to analyze data sets on digital identities from all across the globe.

The show is hosted by Co-Founder and Source Data Pioneer Alexander McCaig and Head of Conscious Marketing Jason Rigby.

What's your data worth?

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