Bitcoin will likely not be scarce to most individuals because they won't care if a custodian holds it or if they have control of their keys. This will keep real bitcoin price suppressed.
In this scenario, those who value self-custody can accumulate #bitcoin at a discount while the ignorant majority engages in a game of musical chairs.
The situation won't be much different from the current fiat system, except for one crucial aspect: the possibility to opt out. Bitcoin offers an alternative for those who want to escape the traditional financial system.
Most people will never care how their money operates, just like they don't care about the inner workings of #TikTok videos. Bitcoin's value will rise, but it's mostly due to being denominated in inflationary fiat.
If you're worried about missing out on #bitcoin before it "moons," don't be. Its rise will likely be driven by hyperinflating fiat currency rather than an immediate adoption of bitcoin.
We're unlikely to witness hyperbitcoinization during our lifetimes. So, take a breath and remember that bitcoin's path to widespread adoption will be extremely gradual.
Bitcoin's true value lies in its potential to disrupt the existing financial system, offering more control, security, and autonomy to individuals. It's not just about price speculation.
Don't get caught up in the hype of #bitcoin "mooning." Focus on understanding its long-term potential and how it can fit into your financial strategy.
The concept of scarcity in #bitcoin extends beyond its price. It's about having sovereignty over your finances and securing generational liberty. Keep this in mind when evaluating its true value.
In conclusion, bitcoin's scarcity for most individuals will be determined by their level of awareness and desire for self-custody. The path may be long, but the possibility of opting out of the fiat system is what makes #bitcoin truly valuable. #scarcity #optout
