From Tulips to Bitcoin: How to Give a Product Lasting Monetary Value

Shuai Li ()
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Shuai Li: University of Oulu

Chapter Chapter 21 in Bridging the Innovation Gap, 2026, pp 231-236 from Springer

Abstract: Abstract On the stage of the business world, there is a magic spell—scarcity. It acts like a halo, convincing countless people that as long as a product is “rare,” its value will be eternal. Yet history and reality both tell us that this is merely a “paradox” of scarcity: mere rarity does not guarantee lasting value. What truly enables a product to transcend the category of consumables and become a vehicle of wealth is the interplay of scarcity, the hierarchy of human needs, strong monetary attributes, and social consensus.

Date: 2026
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DOI: 10.1007/978-3-032-22652-5_21

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