CryptoValley Podcast

What is Bitcoin? Part 3 - Episode 7


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The scarcity aspect of Bitcoin
the supply schedule of Bitcoin and why it is not just scarce but more importantly transparently scarce.
The scarcity of Bitcoin is programmed in its protocol and cannot be changed
The scarcity of bitcoin was artificial but then became decentralized
Because of its public nature, everyone knows about the supply schedule of bitcoin
The supply of bitcoin is outside of anyone’s control including the government
Compared to gold, the scarce aspect of bitcoin is 100% scheduled and fixed whereas the supply of gold is variable and unpredictable
Check out the stock to flow chart of bitcoin:
https://www.lookintobitcoin.com/charts/stock-to-flow-model/
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CryptoValley PodcastBy Ruzbeh K.

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