#CryptoReboundStrategy Why Does Bitcoin Always Increase in Value

Why was Bitcoin designed to be scarce? 🪙🚀

1/ Limited Total Supply

#Bitcoin has a maximum total supply of 21 million coins.

👉 This is a rule programmed into the protocol by the creator of Bitcoin - Satoshi Nakamoto.

⛔ It is impossible to create more Bitcoin beyond this number.

2/ Halving - Reducing Mining Rewards

Every 210,000 blocks (approximately every 4 years), the reward for mining a Bitcoin block will be halved.

⏳ This reduces the amount of new Bitcoin entering circulation, increasing scarcity over time.

3/ Bitcoin Lost Forever

Not all 21 million Bitcoins can be circulated.

📉 A portion of Bitcoin is lost permanently due to:

Forgotten wallet passwords

Lost hardware wallets

Other accidents

⛔ This decreases the actual total supply, further increasing scarcity.

4/ Blockchain Technology

Blockchain ensures that:

🔒 Transactions are recorded publicly, transparently, and are immutable.

👉 No one can change the rules or increase the total supply of Bitcoin.

5/ Demand and Trust

Scarcity becomes more evident when:

📈 Market demand increases.

🛡️ Users trust and hoard Bitcoin with the expectation that its value will continue to rise in the future.

Conclusion

Thanks to the above factors, Bitcoin possesses inherent scarcity, making it an attractive asset in the eyes of investors. 💎

What do you think about the scarcity of Bitcoin? Please share your views! 👇