Friday, November 22, 2024

Scarcity Gives Bitcoin Value, but Not the Way You Think

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Alicia Garcia
Alicia Garciahttps://blog.cryptoapa.com/
Alicia is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.

Bitcoin is “scarce” (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.

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