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2026-05-24 08:53:06 CEST
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SaberhagenTheNameless on Nostr: Scarcity fallacy. Something can have a fixed supply but have less demand than ...

Scarcity fallacy. Something can have a fixed supply but have less demand than something with continuous supply i.e. one of a kind artwork that no one wants for VS gold with constant inflation.

If you think network effects and merchant acceptance win idk why you're a Bitcoiner. USD blows it out of the water. And way more people are storing value in gold so it doesn't win there either.

https://github.com/libbitcoin/libbitcoin-system/wiki/Scarcity-Fallacy