scarcity

Bitcoin’s Built-In Scarcity Bitcoin’s 21-million supply cap is coded into its software – no authority can issue more coins. This is enforced by periodic halving events (next halving ~April 2028), which cut the miner reward in half and slow new issuance nasdaq.com financemagnates.com. In effect, new supply is constantly shrinking. Bulls argue this makes Bitcoin a unique asset: as currencies inflate, each coin’s scarcity should boost its value. Motley Fool notes, “owning an asset that can’t be debased” is a compelling proposition nasdaq.com. But scarcity alone isn’t a guarantee. Past cycles show halving-driven bull runs (Bitcoin’s price soared after the