Assuming the total supply of Bitcoin is 100, in the past when the market only had spot trading,

then 50% of the market funds might have bought 100 big coins,
and 50% were waiting to buy in at lower prices. These funds were just playing the game of selling and buying.

But now with futures, options, paper Bitcoin, and fake coins on exchanges,
the market's buy-side has been greatly diluted.
The number of genuine big coins available for long positions is no longer just 100,
behind the scenes there are hundreds or even thousands of fake big coins being dumped at you.

At this point, do you think the issuance rate of big coins still matters?
Or is it the key to an eternal bull market?

Both longs and shorts can make money now, and with derivatives, the buy-side can be further diluted,
do you think institutions will just be chives for you to lift the sedan chair?
$btc