Fixed Supply vs Scarcity

Fixed supply means a cryptocurrency has a predetermined maximum number of coins that will ever exist, programmed into its protocol and unchangeable, creating digital scarcity similar to precious metals like gold but with mathematical certainty.

Scarcity in cryptocurrency refers to the limited supply of digital assets, creating value through programmed rarity that cannot be arbitrarily increased, distinguishing cryptocurrencies like Bitcoin from infinitely printable fiat currencies and establishing digital ownership with provable limitations.