The other day I was talking with a friend about the 20M bitcoin mined and scarcity.
He told me that the derivates from ETFs and other sintetic assets around Bitcoin generates more friction on scarcity, saying that it is now not sure there are 20M but more, and this is one of the things that the market see and one of the many reasons we are not above 100k.
The other day I was talking with a friend about the 20M bitcoin mined and scarcity.
He told me that the derivates from ETFs and other sintetic assets around Bitcoin generates more friction on scarcity, saying that it is now not sure there are 20M but more, and this is one of the things that the market see and one of the many reasons we are not above 100k.
What do you think?