Bitcoin does NOT have scarcity because it is capped at 21 million.
This is the most hilarious thing ive read from you in a long time. Scarcity means the supply relative to other goods. You cant get more than 21 million Bitcoin no matter how hard you will try, or how many numbers exist. It cant get more scarce than this.
This is like saying that O2 molecules have scarcity because they are put in a container that by that definition can take only limited number of those molecules. In the same way Nakamoto put limited amount of numbers (21 million) in their container and gave them the name bitcoins. That doesn't make these numbers scarce, because numbers are all around us, just like O2 molecules.
This is like thinking land on earth isnt scarce too, because theres trillions of other planets that have land too.
P.S. You can transcribe value of one resource only to another resource. Because resources provide utility and it's is utilities of the resources what is transcribed.
Bitcoin is a number that you get next to your address, not a resource that provides utility which is why there's nothing to transcribe to.
K i have a simple question for you, what is the task of money? Why didnt we keep doing barter?
There's one problem in you thinking. Bitcoin is a number. Just because numbers in Nakamoto scheme are limited that doesn't make them scarce. Numbers are all around us. So basically, a person or a group of people put numbers in the box, give them the name "bitcoin" and convince you to purchase numbers because bitcoins are limited. Which is as stupid as putting air in the box, giving the air in the box the name "boxair", and convincing people to purchase air because boxair is limited. Hahaha. You people are the participants in the stupidity never seen in human history.