0 sats \ 0 replies \ @lightwalker 8 Sep 2023 \ on: Fun Fact Friday - Best Fun Fact Gets 10,000 Sats meta
The obvious law of demand and supply states that 'If supply exceeds demand, prices will fall, and If demand exceeds supply, prices will rise'.
Since Bitcoin's price is primarily affected by its demand and supply, the chances are, it will offer an incentive to hold, in unforeseeable conditions of inflation. It has greater scarcity than the fiat currencies, which have unlimited supply.