@CZ point is basically:
Bitcoin’s scarcity is stronger than the 21M headline suggests.
More than 20M BTC are already mined, while some existing BTC may be permanently lost or inaccessible. So the effective supply available to the market could be much lower, making BTC increasingly scarce as demand grows.
$BTC #btc #bitcoin
Bitcoin’s scarcity is stronger than the 21M headline suggests.
More than 20M BTC are already mined, while some existing BTC may be permanently lost or inaccessible. So the effective supply available to the market could be much lower, making BTC increasingly scarce as demand grows.
$BTC #btc #bitcoin