Bitcoin (BTC) $80,466.08 5.34%
Ethereum (ETH) $2,422.11 7.83%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 96.326362 6.01%
Chainlink (LINK) $11.56 7.60%
Cardano (ADA) $0.20 7.17%
Litecoin (LTC) $56.17 6.23%
Dash (DASH) $49.43 10.74%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.34212 4.75%
X-Cash (XCASH) 3.0E-6 0.00%
Dogecoin (DOGE) $0.00 6.63%

Cryptocurrencies: 30358

Markets: 109486

Market Cap: $2,690,561,703,467

24h Vol: $90,429,152,435

CoinDesk

2021-01-28 15:14:50

Scarcity Gives Bitcoin Value, but Not the Way You Think

Bitcoin is "scarce" (and therefore valuable) when demand for it exceeds the available supply, not because of its 21 million hard cap, says our columnist.

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