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Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by briefcomment on Thursday March 18, 2021 @06:21PM (#26508143)
Scarcity simply means that someone can't print more units of the store of value, or dig it out of the ground. When someone other than you is doing something like that, your share of wealth is being whittled away. With scarcity, you can maintain your purchasing power indefinitely. You don't have to jump through hoops to find the best rates, or find the best return, etc. Your wealth is simply preserved
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by rednerrus on Tuesday March 30, 2021 @01:56PM (#26637940)
Why is the underlying asset valuable? If I create a crypto that only has ten tokens is it more valuable than BTC? It's scarcer than BTC...