https://timeb.news/tags/asset-valuation/Recent content in Asset Valuation on TimeB.news – Time Economics & Scarcity TheoryHugoenWed, 27 May 2026 06:00:00 +0000https://timeb.news/posts/time-scarcity-the-most-overlooked-dimension-in-asset-valuation/Wed, 27 May 2026 06:00:00 +0000https://timeb.news/posts/time-scarcity-the-most-overlooked-dimension-in-asset-valuation/<h2 id="introduction-the-missing-dimension">Introduction: The Missing Dimension</h2> <p>In classical economics, scarcity is a function of supply and demand. A barrel of oil is scarce because there are only so many barrels underground. A Picasso painting is scarce because only one exists. But there is a second, orthogonal kind of scarcity that operates alongside supply scarcity — <strong>time scarcity</strong>.</p> <p>Time scarcity arises not from <em>how many</em> units exist, but from <em>when</em> those units were created or acquired. Two bitcoins are interchangeable as tokens, yet a bitcoin mined in 2010 carries a different economic significance than one mined in 2025. A first-edition book contains the same text as a tenth edition — but the market values them differently.</p>