Scarcity the Unique quality of Bitcoin.

[Olotu20]

Just like the economists will say scarcity increases value. Any product that is available in large quantity will definitely not be regarded and so that it impacts negatively on the price of such a product, vis visa.
Bitcoin is one asset that has been talked about largely in the global scale by  governments and also the private sector, this is because Bitcoin is a scarce commodity which  automatically has made it market value to be high. causing it to create value for those who have it.Bitcoin is capped at 21 million coins because its creator, Satoshi Nakamoto, intentionally designed it that way to make Bitcoin scarce, predictable, and resistant to inflation.
If Bitcoin could be printed endlessly just like Fiat currency it would lose what makes it revolutionary this unique quality of Bitcoin is what has defined Bitcoin and has set it apart and exceptional as the new digital gold because Bitcoin is a rare asset.

Here are three points to look at.


 Digital Scarcity (Like Digital Gold)

Gold is valuable partly because it is scarce and hard to produce.Bitcoin copies this idea in digital form only 21 million BTC will ever exist,No government, company, or individual can increase the supply.Scarcity helps preserve long term value and this is why Bitcoin is often called digital gold.

 Protection Against Inflation

Traditional currencies (fiat money) can be printed endlessly by central banks, which reduces their purchasing power over time.Bitcoin is different because Its supply is fixed and and limited in supply which is known in advance.New bitcoins are issued on a schedule no authority can change this cap, this makes Bitcoin a strong hedge against inflation.

 Mathematical and it's Technical Design

The 21 million cap comes from Bitcoin code which block rewards started at 50 BTC, and rewards are cut in half every 210,000 blocks (4 years)  Halving this geometric series mathematically converges to 21 million BTC and when Once the last bitcoin is mined  no more will be created.

[Jubilee58]

Just like the economists will say scarcity increases value. Any product that is available in large quantity will definitely not be regarded and so that it impacts negatively on the price of such a product, vis visa.
Bitcoin is one asset that has been talked about largely in the global scale by  governments and also the private sector, this is because Bitcoin is a scarce commodity which  automatically has made it market value to be high. causing it to create value for those who have it.Bitcoin is capped at 21 million coins because its creator, Satoshi Nakamoto, intentionally designed it that way to make Bitcoin scarce, predictable, and resistant to inflation.
If Bitcoin could be printed endlessly just like Fiat currency it would lose what makes it revolutionary this unique quality of Bitcoin is what has defined Bitcoin and has set it apart and exceptional as the new digital gold because Bitcoin is a rare asset.

Here are three points to look at.


 Digital Scarcity (Like Digital Gold)

Gold is valuable partly because it is scarce and hard to produce.Bitcoin copies this idea in digital form only 21 million BTC will ever exist,No government, company, or individual can increase the supply.Scarcity helps preserve long term value and this is why Bitcoin is often called digital gold.

 Protection Against Inflation

Traditional currencies (fiat money) can be printed endlessly by central banks, which reduces their purchasing power over time.Bitcoin is different because Its supply is fixed and and limited in supply which is known in advance.New bitcoins are issued on a schedule no authority can change this cap, this makes Bitcoin a strong hedge against inflation.

 Mathematical and it's Technical Design

The 21 million cap comes from Bitcoin code which block rewards started at 50 BTC, and rewards are cut in half every 210,000 blocks (4 years)  Halving this geometric series mathematically converges to 21 million BTC and when Once the last bitcoin is mined  no more will be created.

Bitcoin scarcity is one of the qualities that makes it distinctive among many other altcoins. As we all know , the demand and supply of bitcoin has helped in the potential growth of bitcoin. The more people purchase Bitcoin, the more the total supply reduces including the activities of miners . Today, bitcoin is in high demand, both individuals, companies and even countries have seen the need to take bitcoin investment very seriously as it is capable of protecting against inflation.

[ZeroVinsonN]

Once the demand for a product/ service surpasses it's supply then the value of said product/value will automatically rise, this is one benefit that bitcoin has over alot of other assets, it has a limited supply, this is bound to make the pressure to own it even higher, it was a smart innovation that Satoshi thought about and frankly it's been working so far, but this is actually different from how you explained how central banks can print cash, why do you think that country borrow when they can just print more cash to supplement their lack of money? They borrow because printing more than your economy's worth will simply reduce the value of your currency, let me use the dollar to quantify this, let's say a country's economy is worth $1b, printing more money won't change this, it will instead reduce the value of their currency so that the new total amount of cash available equals exactly the same $1b or even less.

[Doan9269]

I like the scarcity in bitcoin compared to the one with other assets, because the scarcity does not limit anyone to invest in it at their discretion, when we have bitcoin, we determine for ourselves what to use it for and how to use it and the time to acquire it, this is all about a decentralized digital asset, limited in supply, but available for everyone to have and use, unlike the way assets like gold could not be found with everyone interested to invest on them, because they are centralized with some certain conditions before we can hold them, this is why bitcoin is for all.

[Kelward]

Bitcoin uniqueness are decentralization and limited supply and dat na wetin make an stand out from fiat wey government de control, na also di reason why governments dem take hate am. But I de glad say many of dem don de change dem stance about am and dem de propose am as one of dem strategic reserves. Almost all of us de skeptical about Bitcoin when Satoshi first create am, dat na why we no care to buy and hold am den wey 1 Bitcoin still de very affordable. If no be our ignorance den many of us for don be come millionaires and billionaires in dollar today, so Bitcoin don already prove to di world say im be store of value.

Na true say anything wey de in abundance people no de too value am, take for example water and salt wey de very easy to get people no de remember say if dem de scarce dem go use all of dem money to buy and horde dem. So di knowledge say Bitcoin get limited supply and no single person get total autonomy over am go make di demand to always de greater dan di supply on di long term wey go make am to de always reach ATH.

[Realwhot]

Just like the economists will say scarcity increases value. Any product that is available in large quantity will definitely not be regarded and so that it impacts negatively on the price of such a product, vis visa.

I agree with you Satoshi made Bitcoin have a maximum supply of 21M to make sure that as it gets more popular it becomes more scarce and because it is scarce it's value will increase naturally.
But another thing in economics about scarcity is need too. If more people don't want to use it then it will still be hard for it's value to increase which is why Bitcoin popularity contributed to its price.

[Emeraldo]

Since the total amount of Bitcoin dey pegged to 21 millions, watin we get for the circulation no even reach the half of the total amount of Bitcoin wey Satoshi Nakamoto being create kom call am the total supply of Bitcoin. E go get when this Bitcoin go mine finish and people wey dey like mind Bitcoin no go fit mine am again. Na watin go happen be that and by that time people go see say Bitcoin go become scarce wey many people go dey rush to buy am so that they go fit hold am for investment palava. People wey wan buy and hold Bitcoin make they do am fast to hold because very soon Bitcoin no go reach everybody wey wan buy am.

[Hustle2025]

Scarcity is what makes bitcoin powerful and unique, it is the major reason why bitcoin is referred to as digital gold. Bitcoin supply is fixed and limited to only 21 million coin, this limit have already been written into bitcoin codes which can not be changed.  The scarcity of bitcoin acts as a protection against inflation and devaluation because supply can not be expanded, the increasing value of bitcoin and it's global recognition and attention is as a result it's scarcity.

Any commodity that is always readily available tends to lose its value and quality, which is the core reason why bitcoin have an increasing value and quality because it Is scars and it have a fixed and limited supply. Bitcoin scarcity drives value, it's scarcity is unique, transparent
and it is not enforced by human decision or government policy. This makes it a revolutionary form of money and a good strore of value in this digital era.

[Zaguru12]

Scarcity is what makes bitcoin powerful and unique, it is the major reason why bitcoin is referred to as digital gold. Bitcoin supply is fixed and limited to only 21 million coin, this limit have already been written into bitcoin codes which can not be changed.  The scarcity of bitcoin acts as a protection against inflation and devaluation because supply can not be expanded, the increasing value of bitcoin and it's global recognition and attention is as a result it's scarcity.

Scarcity is actually a great tool for more demand on a particular product or coin but is that the driving tool that creates demand? I say no it’s actually one of the least in my opinion. Bitcoin actually doesn’t have the least limited  supply of the coins in crypto today as there coins with way less supply than it but they are actually not worth it or in high demand like bitcoin because they do not have the real purpose that will drive that. So while bitcoin is actually drive up also because of scarcity it is unique because of many attributes like decentralization, pseudonymous and hedge against inflation, and many more

[Mhizlove]

Just like the economists will say scarcity increases value. Any product that is available in large quantity will definitely not be regarded and so that it impacts negatively on the price of such a product, vis visa

It is just the way you have said it OP, the surplus availability of something in the market reduces the demand and therefore, if the demand becomes low it automatically affects the price negatively. In some places today where the economies battle with scarcity, whenever there is scarcity of a particular product, people are ready to pay whatever price to get it and as a result, the price of the commodity skyrockets high.
This wisdom applied to Bitcoin has been one of its pushing factors which has kept it running, not just running but have a constant value which has never depreciate over the years. I think Satoshi had this idea for a purpose and it worked perfectly.

[Silikiem]

Just like the economists will say scarcity increases value. Any product that is available in large quantity will definitely not be regarded and so that it impacts negatively on the price of such a product, vis visa

It is just the way you have said it OP, the surplus availability of something in the market reduces the demand and therefore, if the demand becomes low it automatically affects the price negatively. In some places today where the economies battle with scarcity, whenever there is scarcity of a particular product, people are ready to pay whatever price to get it and as a result, the price of the commodity skyrockets high.
This wisdom applied to Bitcoin has been one of its pushing factors which has kept it running, not just running but have a constant value which has never depreciate over the years. I think Satoshi had this idea for a purpose and it worked perfectly.

It’s just like the saying goes that too much availability reduces one’s value, this saying is not only limited to human beings but also extends to other commodities and assets in the market. Bitcoin is regarded as the most valuable asset, just like money when In excess May lead to an abusive use of it. The scarcity of bitcoin makes it even more valuable and no wonder why you see that bitcoin is being accepted in some countries as a means of legal tender. If bitcoin becomes surplus it will lead to an abuse of it by many people and  at such reduces its values.

[iBaba]

I like the scarcity in bitcoin compared to the one with other assets, because the scarcity does not limit anyone to invest in it at their discretion, when we have bitcoin, we determine for ourselves what to use it for and how to use it and the time to acquire it, this is all about a decentralized digital asset, limited in supply, but available for everyone to have and use, unlike the way assets like gold could not be found with everyone interested to invest on them, because they are centralized with some certain conditions before we can hold them, this is why bitcoin is for all.

Scarcity in bitcoin is what has actually made bitcoin so huge right now and that is why it will take time before any other coin can really beat bitcoin. Truth is, bitcoin is an industry leader in the digital financial industry because it has remain consistent with its quality which is quite unique to it and that is the scarcity and that has also allowed the coin to maintain its value big time.

Bitcoin is an highly demanding digital asset right now if not the most demanding just as gold in the traditional financial asset and the supply is still on the lower side compared to the demand globally, many people are accumulating, some are investing lump sum, some through the DCA while others will trade, all of these activities being practiced by millions of people has greatly impacted on the scarcity.

[Sticky Bomb]

Scarcity is only one of the unique quality of bitcoin and not actually the only one. We have censorship resistance, Immutability, its decentralized protocol, its permissionless access, Security through POW e.t.c.

Scarcity on itself introduces a new value system in a product and while it is limited in supply, its value shoots up as there is more demand for it. Bitcoin compensates for fiat unlimited printing with its fixed supply and since there can be no more bitcoin than the hardcoded supply, it decreases inflation every 4 year years thereby preventing bitcoin from dilution.

Another factor that still contributes to scarcity are lost bitcoins, they are permanently removed from the circulation, thereby making the effective supply even smaller and that means increased value potential and Satoshi has this to say about them

Lost coins only make everyone else's coins worth slightly more.  Think of it as a donation to everyone.

Bitcoin created a special kind of scarcity which is digital scarcity and owning your coins without duplication and ability to verify that ownership through a public trustless medium(blockchain). This was never possible before bitcoin.