Let’s talk about scarcity: what it is, and how it relates to the dollar, gold and bitcoin. First let’s start by defining it. Scarcity is the gap between the limited supply of various resources and the ...
Woo responded to an X post by Matteo Pellegrini, CEO of the Bitcoin-focused social networking app Club Orange, arguing that Bitcoin is not scarce but finite. Woo said that scarcity is defined by a ...
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Bitcoin fulfills scarcity definition of 'limited supply relative to demand,' says crypto analyst
Cryptocurrency analyst Willy Woo defended Bitcoin’s (CRYPTO:BTC) scarcity thesis on Wednesday, arguing that its price appreciation over the years is a testament to its demand. ‘Limited Supply Relative ...
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