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Without scarcity, the price of a good moves to 0. Fiat has artificial scarcity, enforced by violence. Bitcoins has real capped scarcity, which is enforced by PoW.
Without scarcity, the price of a good moves to 0. Fiat has artificial scarcity, enforced by violence. Bitcoins has real capped scarcity, which is enforced by PoW.