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Demand finds supply. Enough demand for housing? They'll build more. Enough demand for Apple stock? They'll split it. Enough demand for Gold? They'll mine it in space. Only two things have a fixed supply no matter the demand: - Time - #Bitcoin Own as much of each as you can
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So, how secure is Bitcoin going to be in a couple of halvings, knowing that ~95% of block reward is comprised of BTC issuance?

No, there are many cryptocurrencies with a finite supply. Some even have deflation programmed in (Bitcoin does not).

Bitcoin does not have a fixed supply. #Nano🅧 is the only known fixed supply commodity in existence.

🎯

There is a third - blockspace. Pick any period of time and it is absolutely scarce in that window.

Orange pilled! #Bitcoin

I like bitcoin’s limited supply, but why would people demand it? What for? What is its utility? Supply is meaningless without demand. If its price is its only utility then it is nothing else than a speculative asset at the mercy of M2 which drives demand for speculation. That may be a good bet, but I rather invest in ETH and DFI. Clear utility with defi etc aside of pure speculation.

You know splitting stocks doesn't create more mkt cap though, right?

Well said!

Awesome clip, Jack.


