captaincranky
Posts: 19,690 +8,831
Rarity in and of itself forces a price increase. Sic:"If it's rare it must be worth a lot of money". Otherwise, why would people be paying such stupidly outrageous sums of money for NFTs, of, "yachts", that only exist in the imagination?Fixed amount of Bitcoins is a good thing. It avoids infinite money printing, which translates to avoiding entities from stealing from the masses by devaluing the currency to devalue their debt.
Real scarcity doesn't somehow translate into an artificial price increase.
Or how about a quarter million dollars for some frivolous, stupid, and ugly, chimp cartoon?