People often say Bitcoin isn't actually scarce because anyone can create a cryptocurrency. That's where they get it wrong. Sure, copying the code is trivial—you can fork it in minutes. But here's the thing: you can't copy the network. You can't duplicate the users, the miners, the developers, the exchanges, and the entire infrastructure that took years to build. That's what makes Bitcoin genuinely scarce. The code? Easy. The ecosystem? Impossible to replicate.

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