As long as it is on the exchange, Bitcoin is just a number
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链舔魔尊
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The total amount of Bitcoin is not 21 million!
Bithumb mistakenly issued 620,000 BTC to users, but its actual reserves are only 46,000. What does this indicate? It indicates that in exchanges, Bitcoin can be infinitely printed!
Even if retail investors and institutions together buy 50 million coins, as long as everyone does not withdraw, the exchange's balance can make it appear out of thin air.
Although the total amount of Bitcoin is fixed, the 'Bitcoin within exchanges' is infinite! As long as someone buys coins on the exchange and does not withdraw, the actual existence of BTC far exceeds 21 million.
Thinking deeply is extremely terrifying; this is the biggest black box
#btc $BTC
Bithumb mistakenly issued 620,000 BTC to users, but its actual reserves are only 46,000. What does this indicate? It indicates that in exchanges, Bitcoin can be infinitely printed!
Even if retail investors and institutions together buy 50 million coins, as long as everyone does not withdraw, the exchange's balance can make it appear out of thin air.
Although the total amount of Bitcoin is fixed, the 'Bitcoin within exchanges' is infinite! As long as someone buys coins on the exchange and does not withdraw, the actual existence of BTC far exceeds 21 million.
Thinking deeply is extremely terrifying; this is the biggest black box
#btc $BTC