With Wall St and exchanges flooding the market with millions of paper bitcoin, devaluing it and rendering it useless—is the scarcity of 21 million Bitcoin long gone? #asknostr
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Replies (6)
No. Did everyone forget that this was never going to be easy?
That affects the hodlers but not those using BTC as a unit of account & MoE
It affects everyone if the value is being debased. Even Michael Saylors model is designed to extract value through Bitcoins volatility.
It's all fun and games until someone implodes ha
Don't forget all the lightning users that pretend lightning is Bitcoin.
Bitcoin scarcity only matters for the few people who can actually tell the difference between Bitcoin and a Bitcoin IOU