Why Crypto scarcity is key!

in LeoFinance • 11 days ago

21 million BTC

An asteroid discovered a few years ago called Psyche 16, contains so much gold it is worth 700 quintillion US dollars at today’s prices. That would make everybody on this world a billionaire but in reality it would make gold worthless. Because it is not scarce anymore.

Bitcoin has a maximum supply of 21 million BTC, and that makes it by definition scarce. Which will make it keep dividing more and more, and make Bitcoin worth more and more as time goes on. It’s the inverse of the inflationary Fiat system we have in place right now!

Other crypto projects like LEO an InLeo have understood this good, and have created an economy where the currency by definition becomes scarcer in the future! That is why the price of LEO will keep on rising!

Sincerely,

Pele23

Posted Using INLEO

#crypto #Vyb #bbh #cent #creativecoin #Proofofbrain #Archon #Lassecash #Neoxian
11 days ago in LeoFinance by
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         9 days ago 
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               9 days ago 

              Hey @lasseehlers, remember when you posted that copy of your economics diploma on Hive? It wasn’t a piece of paper taped to your monitor — it was a digital image.

              You really sure you want to stick with this “made on a computer is fake” nonsense? I don’t think you want to go down that road.

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                     9 days ago 
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                           8 days ago 

                          Interesting.

                          Space is fake because you say so.
                          Images of Earth from space aren't polaroids so they are fake because you say so.
                          NASA lies to scam money because you say so.

                          You paid a university a bunch of money and they gave you a diploma they made and printed using a computer but that's real because you say so.

                          Your blog posts indicate that your understanding of economics is shit but I am supposed to believe that the university that you paid a bunch of money to is more honest than NASA.

                          Because you say so.

                          Considering the fact that there is zero legitimate evidence that space is fake and overwhelming evidence that you are an economics retard it seems nASA has far more credibility than your university.

                          So say we all.

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                                 9 days ago 
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                                       2 days ago 

                                      How would knowing my name in any way retroactively make your documented history shitcoin investments go away?

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