- jack mallers (npub1cn4โฆ3vle)
quoting๐๐ฏ๐๐ผ๐น๐๐๐ฒ ๐ฆ๐ฐ๐ฎ๐ฟ๐ฐ๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ ๐ฉ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฎ๐น ๐๐ฒ๐๐๐ถ๐ป๐
nevent1qโฆ8wds
Of all the worldโs assets, #Bitcoin stands alone with its unbreachable wall of ๐ฎ๐ฏ๐๐ผ๐น๐๐๐ฒ ๐๐ฐ๐ฎ๐ฟ๐ฐ๐ถ๐๐. This is not mere rhetoric; it's coded reality. Unlike gold or fiat, Bitcoin defies the laws of supply elasticity. No matter the demand surge, ๐ช๐ต๐ด ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ ๐ณ๐ฆ๐ฎ๐ข๐ช๐ฏ๐ด ๐ด๐ต๐ฆ๐ข๐ฅ๐ง๐ข๐ด๐ต๐ญ๐บ ๐ค๐ข๐ฑ๐ฑ๐ฆ๐ฅ ๐ข๐ต ๐ซ๐ถ๐ด๐ต ๐ฃ๐ฆ๐ญ๐ฐ๐ธ 21 ๐ฎ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ.
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The heart of this scarcity is the ๐ฑ๐ถ๐ณ๐ณ๐ถ๐ฐ๐๐น๐๐ ๐ฎ๐ฑ๐ท๐๐๐๐บ๐ฒ๐ป๐ mechanism. As demand burgeons and miners flock, the network's computational puzzle becomes harder. This elegant algorithm ensures that Bitcoin's issuance rate doesn't hasten; it's a temporal constant, ๐ช๐ฎ๐ฑ๐ฆ๐ณ๐ท๐ช๐ฐ๐ถ๐ด ๐ต๐ฐ ๐ฉ๐ถ๐ฎ๐ข๐ฏ ๐ธ๐ฉ๐ช๐ฎ๐ด ๐ฐ๐ณ ๐ฆ๐ท๐ฆ๐ฏ ๐ต๐ฆ๐ค๐ฉ๐ฏ๐ฐ๐ญ๐ฐ๐จ๐ช๐ค๐ข๐ญ ๐ญ๐ฆ๐ข๐ฑ๐ด.
Traditional assets, even gold, have an S-shaped curve in both adoption and price, where initial demand spikes level off as supply increases. ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ต๐ฎ๐๐๐ฒ๐ฟ๐ ๐๐ต๐ถ๐ ๐ฝ๐ฎ๐ฟ๐ฎ๐ฑ๐ถ๐ด๐บ. With an immutable supply limit, demand has only one way to manifest โ through price. Thus, we foresee a J-shaped curve, ascending indefinitely.
Even after the initial surge of new users tapers off, and the S-curve of adoption flattens, ๐ฑ๐ฆ๐ฐ๐ฑ๐ญ๐ฆ ๐ธ๐ช๐ญ๐ญ ๐ด๐ต๐ช๐ญ๐ญ ๐จ๐ฆ๐ฏ๐ฆ๐ณ๐ข๐ต๐ฆ ๐ฎ๐ฐ๐ณ๐ฆ ๐ท๐ข๐ญ๐ถ๐ฆ ๐ง๐ฐ๐ณ ๐ฆ๐ข๐ค๐ฉ ๐ฐ๐ต๐ฉ๐ฆ๐ณ, in the form of new businesses and technologies unshackled by fiat constraints. This will continue to push prices denominated in bitcoin down, and make its value go up.
Bitcoin maximalists see this not as speculation, but as ๐ถ๐ป๐ฒ๐๐ถ๐๐ฎ๐ฏ๐น๐ฒ ๐ฟ๐ฒ๐ฎ๐น๐ถ๐๐. With every halving, the supply squeeze tightens, amplifying Bitcoin's scarcity. This isn't a bubble; it's recognition of a new monetary epoch. Bitcoin isn't just digital gold; ๐ช๐ต'๐ด ๐ต๐ฉ๐ฆ ๐ฆ๐ฑ๐ช๐ต๐ฐ๐ฎ๐ฆ ๐ฐ๐ง ๐ท๐ข๐ญ๐ถ๐ฆ ๐ฑ๐ณ๐ฆ๐ด๐ฆ๐ณ๐ท๐ข๐ต๐ช๐ฐ๐ฏ.
Absolute scarcity isn't just a feature; it's Bitcoin's core tenet. As the world grapples with endless money printing, Bitcoin offers an immutable refuge. Its price trajectory isn't just hopeful thinking; ๐ช๐ต'๐ด ๐ต๐ฉ๐ฆ ๐ฏ๐ข๐ต๐ถ๐ณ๐ข๐ญ ๐ข๐ฏ๐ฅ ๐ญ๐ฐ๐จ๐ช๐ค๐ข๐ญ ๐ฐ๐ถ๐ต๐ค๐ฐ๐ฎ๐ฆ ๐ฐ๐ง ๐ฑ๐ฆ๐ณ๐ง๐ฆ๐ค๐ต ๐ด๐ค๐ข๐ณ๐ค๐ช๐ต๐บ. What Michael Saylor said is true: โ๐๐ตโ๐ด ๐จ๐ฐ๐ช๐ฏ๐จ ๐ถ๐ฑ ๐ง๐ฐ๐ณ๐ฆ๐ท๐ฆ๐ณ, ๐๐ข๐ถ๐ณ๐ข.โ This is because while its supply is eternally fixed, ๐ต๐๐บ๐ฎ๐ป ๐ถ๐ป๐ด๐ฒ๐ป๐๐ถ๐๐ ๐ถ๐๐ปโ๐.
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Give this a ๐๐ถ๐ธ๐ฒ๐ค and a ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ with your other favorite posts.
And tell me in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ what you think absolute scarcity could mean for humanity.