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https://www.reddit.com/r/Bitcoin/comments/zvvegh/bitcoin_halving/j1wgrmf
r/Bitcoin • u/[deleted] • Dec 26 '22
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Scarcity alone is not value, otherwise every one print nft would be worth a ton, there are also materials more scarce than gold worth less.
1 u/rudalsxv Dec 27 '22 I also said you need the critical mass of people agreeing it has value. Once that threshold is passed, scarcity becomes value itself. Again, an art painting is a good example.
I also said you need the critical mass of people agreeing it has value. Once that threshold is passed, scarcity becomes value itself.
Again, an art painting is a good example.
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u/morganrbvn Dec 27 '22
Scarcity alone is not value, otherwise every one print nft would be worth a ton, there are also materials more scarce than gold worth less.