I keep seeing people use the line "95% of all Bitcoin has already been mined" as a selling point, making it sound like it’s about to go out of print tomorrow!



What’s even more ridiculous is when they force you to pick one: "Gold reserves are unlimited, but there will only ever be 21 million Bitcoins. Which would you choose?"—Isn’t that just making you choose between "an endless supply of carrots" and "limited-edition candy"? Classic sales pitch trap.

First, let’s talk about gold’s so-called "unlimited" supply. Sure, there’s still a bunch buried deep in the earth’s crust, but what does that have to do with the average person? That gold chain in your hand isn’t even a drop in the bucket compared to global gold reserves. And yes, Bitcoin’s 21 million cap is hard-coded, but here’s the catch: most of those coins are sitting in the wallets of institutions, exchanges, and whales. The amount actually trading freely on the market? Way less than you think.

So this isn’t some high-level multiple-choice question. Gold is the physical embodiment of human fear and trust built over thousands of years; Bitcoin is an experiment in redefining value storage with code. You have to ask yourself what you really believe in—centuries-old tradition as a safe haven, or betting on a revolution of collective belief for the future? But regardless of what you pick, face reality: gold is controlled by central banks and Wall Street, and Bitcoin is slowly but surely being "tamed and co-opted" by them too.

Remember this: when something keeps hammering home its "absolute scarcity," it’s usually to distract you from how poor its actual utility and liquidity are right now. Scarcity doesn’t equal value—air is scarce too, but would you pay to hoard it?

If you’ve made it this far, good morning☀, good afternoon🥰, and good evening💤.
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BanklessAtHeartvip
· 8h ago
Damn, seriously, I’ve seen this trick way too many times. They have so many scripts and lines.
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CryptoPhoenixvip
· 12-06 03:55
Oh man, it’s the same old spiel again. Honestly, I’m sick of hearing it. Scarcity is just a psychological trap when you get down to it—you’ve got to see what you really believe in. --- Wake up, bro. So what if 95% has already been mined? The real question is, do you truly believe in Bitcoin or are you just trying to make a quick buck? --- Spot on. This is all about selling anxiety, making you feel like you’ll regret missing out for even a second. Classic get-rich-quick scam tactics. --- Wait, so most of it is in the hands of institutions? Does what we retail investors buy even matter? That stings a bit. --- Thousands of years of trust in gold vs. faith in Bitcoin’s code—there’s no real right answer here, because both are controlled by those in power. --- The harshest truth is that last line: scarcity ≠ value. In crypto, that needs to be engraved in your mind, so you don’t get brainwashed by wave after wave of marketing. --- Every time I hear this kind of talk, I remember how passionate I used to be. Now, I just want to calmly see through all these tricks.
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NFTDreamervip
· 12-06 03:47
Well said, this whole "limited edition anxiety" marketing really needs to be exposed. Institutions have already hoarded most of the coins, and only a small portion is actually in circulation, yet they keep hyping up scarcity. Central banks and Wall Street have a tight grip on gold, institutions are now consolidating Bitcoin—let's be real, we're all outsiders here. Scarcity ≠ value, that's the key, but unfortunately most people just don't get it. This whole "pick one of two" narrative is just a psychological game, classic sales pitch. What about liquidity? What about practical value? As soon as they mention absolute scarcity, you know they're trying to gloss over everything else. This logic could be applied to anything, it's just ridiculous. Honestly, instead of hoarding something, you should first figure out what you actually believe in—otherwise, you're just waiting to get fleeced. By the way, I'm actually more interested in when those whales will finally sell their coins...
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GasWastingMaximalistvip
· 12-06 03:33
To be honest, the pile of coins that the whales hold is what's truly "scarce." As for us retail investors... forget it.
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