I donβt see how the diminishing issuance schedule has an effect on scarcity. Ultimately, I know the total supply is approx 21M bitcoin.
Discussion
But a lot of the bitcoin has been lost or bought by diamond π π hands and as more people get into bitcoin there will be less on exchanges for them to buy. Miners sell to exchanges, in part, to cover their costs. With one million bitcoin left to mine, it has to be split up over more and more people as interest/need rises and people decide they need/want bitcoin
Nailed it!!! πποΈπ₯ soon the only way to get bitcoin will be p2p v4v the goal at this stage is Hodl strong my friend