Re:I, Token: The untold story of the hole in Bitcoin's heart
by lottin on Sunday August 01, 2021 @02:33AM
(#28024287)
> yes: deficient in quantity or number compared with the demand
If you want to go with that definition, then bitcoin isn't scarce by definition. Something can have a fixed supply and be abundant compared with the demand.
if you believe in all the economic bs we are being fed, something scarce is going to increase in value until it's no longer scarce. that's literally the definition: deficient in quantity or number compared with the demand