21,000,000 of coins that are starting to become less valuable and less interesting to people year after year
Wetrapordie on
It’s the same thing tho, if you can divide a single coin infinitely. 1 BTC, 0.1 BTC, 0.01 BTC…. 0.000000000000000000000001 BTC
PrestondeTipp on
The scarcity argument I don’t quite get.
Pairs of *my* old, worn out running shoes are very scarce – there’s only one in my entire house! But this doesn’t mean they have any value.
Nickel Cadmium batteries used to be huge, and a few companies monopolized their creation. It might seem like the ticket to unprecedented wealth for those companies, except everyone just switched to Lithium Ion batteries, that do everything better.
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US Dollar = Your Money / 1
Bitcoin = Your Money / 21,000,000
no one wants to buy your bags
I believe in you btc
21,000,000 of coins that are starting to become less valuable and less interesting to people year after year
It’s the same thing tho, if you can divide a single coin infinitely. 1 BTC, 0.1 BTC, 0.01 BTC…. 0.000000000000000000000001 BTC
The scarcity argument I don’t quite get.
Pairs of *my* old, worn out running shoes are very scarce – there’s only one in my entire house! But this doesn’t mean they have any value.
Nickel Cadmium batteries used to be huge, and a few companies monopolized their creation. It might seem like the ticket to unprecedented wealth for those companies, except everyone just switched to Lithium Ion batteries, that do everything better.