division has nothing to do with scarcity FYI in fact, you want money to be as divisible as possible because then it’s more useful (gives you a bigger spectrum to chop it up to buy things are different prices)

Scarcity refers to the total amount of the currency.

If a currency is inflationary it is less scarce than a fixed currency which is less scarce than a deflationary currency.

Theoretically bitcoin is fixed but practically it’s deflationary because a little is lost every year.

(Btw if anyone thinks I’m wrong please let me know 🙏)

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