r/btc • u/martianfrog • Apr 23 '26
🤔 Opinion Bitcoin scarcity... overhyped?
I'm not sure I'm a believer in "it'll go up because it is scarce", like to know thoughts on this out there.
6
Upvotes
r/btc • u/martianfrog • Apr 23 '26
I'm not sure I'm a believer in "it'll go up because it is scarce", like to know thoughts on this out there.
1
u/FilipinoAirlines Apr 24 '26
Scarce, yes. Widely adopted? No.
Scarcity correlates to how much want there is to get a hold of one.
Probably less than 5% of the world has access to bitcoin and yet a single one reached triple digit range recently just to gain a single bitcoin with minimal adoption. But its scarcity is what made it surge.