"Is Bitcoin's 21 million cap safe? Adam Back's in-depth analysis"
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Back downplayed BlackRock's disclaimer, calling it just "prudent legal protection." According to him, it's clear that BlackRock's lawyers made them add the legal details because the financial giant is selling a product they can't control. "Their lawyers just made sure they wouldn't get sued if the community changed the number, and the Bitcoin ETF they sold said it would never exceed 21 million," he said.
Charlie Shrem, an early Bitcoin advocate, believes that abandoning the 21 million cap will turn the largest cryptocurrency into a completely different currency.
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