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Supply: The more the units of crypto, the less valuable they are in units. If a cryptocurrency is readily available in bulk to the public, the value drops.
Scarcity is value😅
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In economics, "scarcity" is not about the number of units of a resource. The number of units is arbitrary.
Scarcity describes a situation in which demand is (or can be) unlimited while the supply is limited. Fiat money is not scarce because an unlimited number of units can be created.