The price of bitcoin is rapidly increasing in scarcity

Let’s talk about scarcity: what is it and how it relates to dollar, gold, and bitcoin. Let’s start by defining it first. Scarcity is the gap between the limited supply of various resources and the unlimited lack of humans. The principle of scarcity is a central concept in the study of economics. Thomas Sowell, economist […]

The post The price of bitcoin is rapidly increasing in scarcity appeared first on TheCoince.



from TheCoince https://ift.tt/2WQbopQ

Comments

Popular posts from this blog

Chevrolet Aveo engine oil capacity in quarts – liters

Bitcoin and existential risk – Bitcoin Magazine: Bitcoin News, Articles, Charts and Guides

Bitcoin Coinfloor Buying App – Bitcoin Magazine: Bitcoin News, Articles, Charts and Guides