🚨Changpeng Zhao controls 633,000 bitcoins, and the cryptocurrency giant makes a stunning debut!
The U.S. national debt has exceeded 36 trillion U.S. dollars, and the total amount of Bitcoin is capped at only 21 million.
When Bitcoin breaks through $100,000, will it challenge its historical high of one million dollars in the future?
You may ask: Can another 100 million Bitcoins be issued out of thin air?
The answer is – impossible!
The essence of blockchain is decentralization and immutability. It is not a money printing machine, and the supply ceiling is hardcoded in the code.
This is also the charm of Bitcoin.
It is different from legal currency and is digital gold that fights inflation. The Federal Reserve calls it "virtual gold," so you know what?
The United States has 8,000 tons of gold reserves, worth about $660 billion. Based on this estimate, the value of each Bitcoin should be more than US$31,700.
But when large players become overly concentrated, could it threaten the trust of the entire system?
So, the next narrative revolution is not Bitcoin,
It is a platform with strong consensus, no centralization risk, and a combination of narrative and heroic belief.
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