James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...
Let’s talk about scarcity: what it is, and how it relates to the dollar, gold and bitcoin. First let’s start by defining it. Scarcity is the gap between the limited supply of various resources and the ...
Bitcoin is obviously scarce. And it seems to be becoming scarcer over time. But, perhaps due to the current bull run, doubts about both of these propositions are seemingly on the rise among bitcoin ...
Economics is the study of how we use our limited resources (time, money, etc.) to achieve our goals. This definition refers to physical scarcity. In a recent book titled Scarcity, Mullainathan & Eldar ...