Gm nostr, morning conversation over coffee.

If none of the bitcoin could ever be moved again would it have any value?

If not then it follows that the less amount of bitcoin available to move would make the network less valuable, the more that was available from the fixed supply the greater the value.

This doesn't mean that an infinite amount of bitcoin would be better, in fact satoshi could have picked 12 million or 48 million bitcoin as the total supply and that wouldn't matter.

What gives Bitcoin its stability is the predictability of its total supply, it's an honest measuring stick.

But what gives Bitcoin its value in the market against other goods is the amount of users, or people using it to store or trade value. Storing value is an expectation of trading later, and trading is expectation of value in the moment.

All the Bitcoin already exists so why isn't it worth 100 million a coin right now?

Scarcity has an effect (especially psychological) but can be offset by adoption to an extent.

A monitory goods value grows with its usage and adoption. The dollar is stronger than other fiat but not because the U.S. is a stronger country, but because it's more widely adopted and has a network effect keeping it there.

So what will make bitcoins adoption grow?

Hodlers who have bitcoin trading with other people who don't, there is no other way for no-coiners to join the network if current owners of bitcoin don't trade/sell it.

Sure you can borrow fiat against bitcoin and give others fiat, but then they're not really joining the Bitcoin network. The same amount of bitcoin users exist as before, all you did was give other people fiat.

The greatest gift you can give someone is bitcoin, we should be willing to give this precious gift to the world in exchange for the things they make and their time and energy.

Thanks nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy for posting the article from Parker, and thanks to Roy at nostr:npub1mu7nv2jkaq4xausnn098xc8tp3gzgf2w5r2cj68x8dnns0rktmysnsj5cl for sharing these ideas.