Many say that Bitcoin will always go up in price, and that usually leads to two reactions: those who believe it blindly and those who think it’s crazy. The reality lies somewhere in between. BTC isn’t guaranteed to rise forever. No financial asset comes with that guarantee. However, there is an economic reason behind the long-term bullish thesis.
#Bitcoin has a unique characteristic: its supply is limited. There will only ever be 21 million bitcoins. No matter how many people want to buy it in the future, the limit is already set and cannot be easily changed.
Now let’s think about something simple.
What happens when a scarce good becomes more and more desirable?
Its price usually goes up. (Follow me $SUI)
#Bitcoin has a unique characteristic: its supply is limited. There will only ever be 21 million bitcoins. No matter how many people want to buy it in the future, the limit is already set and cannot be easily changed.
Now let’s think about something simple.
What happens when a scarce good becomes more and more desirable?
Its price usually goes up. (Follow me $SUI)