Bitcoin’s scarcity: A finite supply driving value
This article delves into the deterministic scarcity of Bitcoin, analyzing the limits imposed by Satoshi Nakamoto’s influential white paper. It investigates the underlying mechanisms by which Bitcoin’s intrinsic scarcity is achieved, examining the impacts of the total supply cap, block reward halving mechanism, and mining difficulty adjustment algorithm. The research offers insights into the economic and technological implications of these design decisions and their role in shaping Bitcoin’s future trajectory.
