Woo said that scarcity is defined by a “limited supply relative to demand,” a condition Bitcoin fulfills. “You can gauge it by price appreciation from 0.01 cents to $100,000 over 16 years. It became ...
Let’s talk about scarcity: what it is, and how it relates to the dollar, gold and bitcoin. First let’s start by defining it. Scarcity is the gap between the limited supply of various resources and the ...
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