Bitcoin’s Hard Supply Cap Positions It Among Classic Store-of-Value Assets, Analyst Argues

In a recent commentary published on Nov. 29, 2025, by The Motley Fool, analyst Ryan Vanzo reiterated his view that Bitcoin remains the most compelling cryptocurrency for investors focused on the very long term. The author’s central argument centers on Bitcoin’s fixed supply of 21 million coins, a characteristic he says places the digital asset alongside traditional stores of value such as land, collectibles, and precious metals.

Vanzo states that only about 19 million Bitcoins have been mined to date, leaving fewer than 2 million coins yet to enter circulation. Because the protocol permanently limits issuance, no additional coins can be created once that ceiling is reached. The analyst contends that this structural scarcity mirrors the finite nature of assets widely regarded as hedges against economic uncertainty.

Store-of-value assets, according to the article, are defined by their ability to retain purchasing power through varied economic conditions, ranging from geopolitical conflict to prolonged periods of prosperity. Land, rare collectibles, gold, and other precious metals are cited as examples that have historically served this role. While additional deposits of gold or new parcels of developable land can be discovered, the aggregate quantities remain inherently limited, the piece observes. Vintage wine from the 1700s or classic cars from the 1960s—objects whose supply cannot expand—illustrate the same principle in the collectibles market.

The author notes that global equity valuations are hovering near record highs, prompting some investors to diversify into alternative asset classes. Against that backdrop, Bitcoin’s hard cap is presented as a distinguishing feature compared with other digital currencies, including so-called altcoins and meme tokens, which may not impose as strict a limit on issuance. Vanzo argues that Bitcoin’s transparent, predefined scarcity sets it apart in a rapidly expanding crypto universe where new tokens can be created at will.

Although Bitcoin’s market capitalization has grown sharply since its creation in 2009, the article calculates that its total valuation remains modest relative to longer-established stores of value. The combined worth of global land is estimated at several hundred trillion dollars, while gold’s market cap stands near $24 trillion, according to data compiled by the World Gold Council. By contrast, Bitcoin’s capitalization is reported at under $2 trillion, a gap the analyst interprets as potential room for further appreciation over multidecade horizons.

Vanzo emphasizes that Bitcoin, despite its comparatively brief history, has already achieved worldwide recognition as a monetary asset. He views this broad acknowledgment as a rare phenomenon; throughout history, only a handful of assets have attained global acceptance without relying on government decree. Land and gold, the piece explains, gained value through millennia of human use, whereas Bitcoin has achieved a level of institutional and retail adoption in a little over a decade.

Volatility remains a hallmark of the cryptocurrency market, and the analyst acknowledges that Bitcoin is not immune to sharp price swings. Nonetheless, he maintains that the finite supply anchored in the protocol offsets short-term turbulence for investors able to tolerate fluctuations and focus on long-range outcomes. In this framework, Bitcoin’s scarcity is portrayed as an enduring investment thesis, irrespective of changing macroeconomic settings.

Imagem: financial planning 15

The commentary contrasts Bitcoin’s design with the monetary policies governing national currencies, which can be expanded through central-bank intervention. By eliminating discretionary issuance, the network’s algorithmic approach is said to deliver predictability for holders seeking a hedge against inflationary pressures. The piece cites this predictability as a principal reason the author “will never sell” his position, positioning Bitcoin alongside tangible assets rather than traditional financial instruments.

While conceding that new sources of gold can be mined and additional land may become usable through technological advances, the analyst underscores that net increases remain small in percentage terms and require significant effort and capital. Bitcoin’s issuance schedule, locked at the protocol level, imposes even greater constraints, he says, making dilution mathematically impossible after the 21 millionth coin has been mined.

As investors weigh options amid elevated equity prices, Vanzo lists Bitcoin among assets worth considering for long-term preservation of wealth. The commentary stops short of predicting specific price targets but frames the cryptocurrency’s future potential in relation to its limited supply and growing global awareness. In the author’s assessment, those factors collectively justify holding Bitcoin indefinitely, regardless of near-term market sentiment.

Crédito da imagem: Getty Images