News for hackers. Stuff that matters.

A comment on Bitcoin Halving Just Occured. Parent comment

Re:Bitcoin Halving Just Occured by krustyburger on Monday May 11, 2020 @07:16PM (#23148459)
It is literally the difference between supply and demand and is determined by both.
[ Parent | on HN ]
Re:Bitcoin Halving Just Occured by leorio on Tuesday May 12, 2020 @04:13AM (#23151628)
Scarcity falls into three distinctive categories: demand-induced, supply-induced, and structural.

For money, scarcity is demand induced. For cryptocurrency/money the number 21m or 100m does not matter as long as it's divisible.

For something like paintings, scarcity is supply induced.

[ Parent | on HN ]