That's also how I see it. But, let's not forget bitcoin's limited supply.
Since this will be the first time in history that we will witness what will happen when an/a asset/money/currency/commodity/technology that is absolutely scarce runs out of supply.
Bitcoin isn’t “absolutely” scarce though.
Why do you say that?
Bitcoin’s code is malleable so if enough people agreed to lift the max issuance supply cap, it would not be “absolute.”
Bitcoin is verifiably provably finitely scarce.
It’s the only thing capable of being these things all at once in the universe.
But until your theory comes to fruition, bitcoin remains absolutely scarce.
