Are you sure BTC is still 21 million? Waiting online for a reply, very urgent. A few friends are having a meal, and one of them is about to start dollar-cost averaging, while another suddenly said, “Why so sure?” “We strictly adhere to the ‘21 million’ cap, but Wall Street has been infinitely issuing a lot of paper Bitcoins through derivatives and credit leverage,” which is equivalent to in the gold market, only fools move gold bars, while smart money plays with paper contracts. The pricing power has shifted from “holders” to “gamblers,” and the mathematical scarcity has become a false proposition. To put it bluntly, although Bitcoin itself hasn’t changed, the value of the chips has long been watered down by financial games.

BTC1,49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin