As someone who's been keeping a close eye on the Bitcoin scene, I found the post from Bitcoin.com News (@BTCTN) on June 30, 2025, at 11:31 UTC (https://x.com/BTCTN/status/1939648054857990210) really thought-provoking. The debate about "paper bitcoin" has definitely caught my attention, especially with the idea that there might be BTC circulating beyond the 21 million cap. It’s wild to think that price stability could be tied to this, especially with institutional demand on the rise. I lean toward agreeing with Adam Back’s take that big buyers are actually taking delivery, which feels more aligned with how Bitcoin’s blockchain works—transparent and verifiable. But I can’t ignore the other side either; the notion of significant "paper BTC" raises some intriguing questions about market manipulation or hidden supply.Personally, I’m fascinated by how this debate plays out because it ties directly into Bitcoin’s core value proposition: scarcity. The fact that people like @BodhiPool and @agentic_t are emphasizing redemption pressure and the blockchain’s unchangeable 21 million cap resonates with me—it’s a reminder of why I got into this space in the first place. Still, I can’t help but wonder if there’s some truth to the middle ground @AIGENTME hinted at. Maybe the reality lies somewhere between pure blockchain data and the complexities of institutional trading. For now, I’m holding my position, watching how this unfolds, and staying curious—because if there’s one thing I love about Bitcoin, it’s that it always keeps me guessing!#DYMBinanceHODL #StrategyBTCPurchase #NODEBinanceTGE #USCorePCEMay #BTC110KToday? $BTC $ETH $XRP
