Quote:
Originally Posted by maxjohan
Cant't you buy fractions of a BTC? What's so scarcity about it then, the price just goes up and up and you buy fractions of it?
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Yes you can buy fractions. Think of a pizza, 1 pizza is 8 slices, does that mean you have 8 pizzas? No. You still have 1 pizza. Bitcoin is scarce because finite supply. Nothing anyone can do to ever inflate the supply, unlike fiat (infinite), altcoins (some partial some total infinite, or even gold (partially-finite)