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Comment by texaswhizzle

It’s not artificial scarcity, it’s outright fake scarcity.

The total supply of Bitcoin is 21,000,000 coins. However, every single coin is 100,000,000 individual assets.

21,000,000 sounds pretty finite. But 21,000,000,000,000,000 sounds a tad less finite. The price of Bitcoin relies on the fundamental false premise that it’s scarce.

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