“The value of bitcoin is based on guaranteed scarcity.”
what about the other 10,000 crypto “coins” copied from bitcoin that are actively traded? does their “value” derive from “scarcity” too?
pretty much anybody can just copy the bitcoin software and give their “coin” a new name and trade it to suckers for real money, that is, money that can be used to buy stuff with ...
You don’t know what you are talking about.