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@ Vhtech777
2025-05-22 02:06:22
The idea that "Bitcoin is a fixed pie, zero-sum game" is partially true, but it depends on context. Let's unpack it:
1. Fixed Supply (Fixed Pie):
True: Bitcoin has a hard cap of 21 million coins, enforced by protocol. So yes, the supply is fixed — you can’t create more Bitcoin after that.
This makes it scarce, like digital gold. So in terms of units of BTC, it is a fixed pie.
2. Zero-Sum Game?
In terms of Bitcoin ownership (BTC): Yes, it can resemble a zero-sum game — if someone gains more BTC, someone else has less (since total supply is fixed).
In terms of value in fiat or goods/services: No, not necessarily. If Bitcoin adoption grows and demand increases, the overall value of the "Bitcoin pie" grows — so it's more of a positive-sum game in that context.
Summary:
BTC units: Fixed pie → zero-sum.
BTC value in fiat or utility: Can grow → positive-sum.