💥Why BlackRock's Bitcoin Interpreter Sounded the Alarm💥

BlackRock released a three-minute video to explain Bitcoin.

A key feature of Bitcoin is its fixed supply of 21 million.

The fund giant stated that there is no guarantee that the fixed supply will not change.

In its three-minute Bitcoin explanation, BlackRock made questionable remarks, subsequently becoming the focus of the Bitcoin community.

In the video, the narrator described one of Bitcoin's core elements—the fixed supply of 21 million—as a hard-coded rule. However, a subtle disclaimer at the bottom of the video caught the attention of Bitcoin users.

The subtitle read: "There is no guarantee that the 21 million supply cap of Bitcoin will not be changed."

One Bitcoin enthusiast asked, "Is BlackRock already considering a hard fork to raise the Bitcoin cap?"

Another commented, "Very strange."

BlackRock's video sparked discussions among Bitcoin enthusiasts about whether this line was a warning issued by the company and whether there are plans to eventually exert its influence to change specific features of the protocol.

According to data from research experts, the company now manages over 524,000 Bitcoins worth $53 billion through its Bitcoin exchange-traded fund.

The new conflict over protocol rules has triggered post-traumatic stress disorder (PTSD) in the Bitcoin community. This is because there was a struggle over the rules between 2015 and 2017.

During the Bitcoin block size war, a group of companies—exchanges and miners—fought over the amount of data that could be included in a block and control over the protocol rules.

Ultimately, the "small block supporters" or advocates for keeping blocks small emerged victorious.

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