“Instead, their innovation has been mostly about creating #artificial #scarcity in order to support crypto assets’ prices—and many of them have no fundamental value.”

right now are going to become even more differentiated for their #scarcity in an age of #abundance.

They include #scarcity, deflation, divisibility into smaller amounts called satoshis and #decentralization.

#Scarcity

There are only 18 to 19 #million Bitcoins currently in circulation, and minting will stop at 21 million. Industry experts consistently point to this built-in scarcity as a big part of cryptocurrency’s appeal.