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RE: Ecency waves Mar 13

in #waves21 days ago

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

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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.