Bitcoin's fixed supply of 21 million creates absolute scarcity - something unprecedented in monetary history. Even gold, with ~2% annual inflation from mining, can't compete with Bitcoin's mathematical scarcity. #DigitalScarcity
Bitcoin's fixed supply of 21 million creates absolute scarcity - something unprecedented in monetary history. Even gold, with ~2% annual inflation from mining, can't compete with Bitcoin's mathematical scarcity. #DigitalScarcity
Better than having it devalued due to oversupply
Why is it so?
It’s a fixed amount when started, it’s an economic idea for not creating typical stock market principles
Oh okay
It’s a great idea Bitcoin on it’s own
Is it infinitely divisible, though? If not, that scarcity is also a limiting factor.