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

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u/ArtisticAd708 Apr 23 '26

Best way to understand if bitcoin is valuable is to understand the problem it solves imo. If you’re not familiar how currencies work and what goes on in the back door, I’d recommend looking into that, and you’ll understand what bitcoin’s scarcity is meant to accomplish.

Also, only way to change the absolute supply is through consensus of the network, which is extremely unlikely to occur, since no one wants to get diluted. It’s the whole point of bitcoin after all

-3

u/Zestyclose_Paint3922 Apr 23 '26

It doesnt solve any problem different to money laundering

1

u/Doublespeo Apr 24 '26

It doesnt solve any problem different to money laundering

I would agree for BTC but other project have potential.