I would argue that scarcity doesn't matter if you have sufficient trust. It's probably fair to say that the majority of global financial transactions are digita

I would argue that scarcity doesn't matter if you have sufficient trust. It's probably fair to say that the majority of global financial transactions are digital. Practically speaking, there's not much stopping any of those institutions from incrementing a few bits here and there, except for trust. The illusion of scarcity matters, but can be maintained with trust.