With only 21 million Bitcoin ever to exist, the dynamics of price discovery become increasingly fascinating. Miners, often net buyers every month rather than sellers, play a pivotal role in setting the margin. Once you grasp how Bitcoin’s price discovery works—underpinned by its engineered difficulty adjustment, which strategically leverages the immutable laws of economics—you begin to see its profound design. This system not only empowers individuals who hold Bitcoin but also reinforces its scarcity and resilience. It’s a realization that sparks a deeper understanding, one that lingers and transforms how you view value and ownership.