Image Source: Getty Images

With the advent of the Distributed Ledger Technology (DLT), also known as Blockchain, the need of centralized databases to keep track of financial transactions has been forever challenged.

However, Bitcoin became much more than its whitepaper.

The hard-coded finite supply within its algorithm, that is 21 millions, caused the Scarcity Principle to play a significant role in reshaping the usage of the father of all blockchains.

Image Source: https://www.tradingview.com/x/36Fr4hjL/

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