[cwhiz]

The scarcity is technically real, but practically pointless.

Every Bitcoin represents 100,000,000 tradable assets. If there are 30,000,000 Bitcoin in circulation that means there are 100,000,000x30,000,000 individual assets available to hold and trade. Do the math, and then realize that we’ll arrive at the heat death of the universe before Bitcoin is ever actually scarce.

[doggosphere]

Scarcity is about the rate of supply meeting demand. In most commodities, as demand increases, suppliers will move to increase supply to meet that demand. Even with gold (of which the earth has some unknown finite supply), the rate of which it is mined and extracted will increase as market price increases.

Bitcoin has a fixed supply, Bitcoin's daily rate of creation cannot be increased or decreased unless everyone agrees to it.