Bitcoin is scarce and will become much scarcer.

in LeoFinance14 days ago

We all know that Bitcoin is scarce, so much so that there will never be more than 21 million Bitcoins. Taking into account all those that were lost at the beginning and those that have been lost along the way, that 21 million will be less. And over time that will not improve unless something is changed by the community.

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But the important thing is not only that but how those Bitcoins will be distributed. Today we see how difficult it is to get a good amount of Bitcoins even paying more than their price. And if not, just ask the exchanges. Not having their raw material for an industry is a tremendous headache.

What will happen when the central banks of the countries decide to assume Bitcoin as a reserve of value just like they do with Gold? Well, simple, the scarcity will increase. It is true that derivatives will be created and another measure will be adopted. A few years ago this was already being talked about in the forums. Some users indicated that we would stop talking about Bitcoins to talk about Satoshis. And if soon getting 1 Bitcoin no matter how much money you have will be really difficult and people will say I have so many Satoshis.

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