Recentemente, a conhecida empresa de gestão de ativos BlackRock lançou um vídeo de introdução do Bitcoin (BTC) de 3 minutos em 18/12. O conteúdo mencionava um dos principais núcleos do Bitcoin, que é o fornecimento fixo de 21 milhões de moedas. No entanto, uma frase nas legendas do filme desencadeou ampla discussão na comunidade Bitcoin, a saber: “Não há garantia de que o fornecimento de 21 milhões de Bitcoins não mudará”. Esta frase deixou os apoiadores do Bitcoin inquietos e até mesmo É duvidoso que a BlackRock. está abrindo caminho para uma possível futura bifurcação ou modificação do protocolo Bitcoin.
'It cannot be guaranteed that the supply cap of 21 million Bitcoin will not change.'
⬇️ There are more exciting intraday market perspectives at the end of the article ⬇️
Upon hearing this, there was an uproar on social media, with some speculating that the supply cap of Bitcoin is under threat. However, these concerns are unfounded and have been greatly exaggerated. Following the release of the video, Bitcoin supporters began to respond; some asked if BlackRock was trying to implement a 'hard fork' to increase Bitcoin's supply, while others found it 'strange' and questioned whether BlackRock intended to influence the Bitcoin protocol. As of now, Dune data shows that BlackRock has managed over 524,000 Bitcoin (BTC) through its own Bitcoin spot ETF, with a market value of approximately $53 billion.
The supply cap is a core value of Bitcoin that has sparked historic controversies.
The fixed supply of Bitcoin is one of the main core concepts of Bitcoin, and is a belief held by many Bitcoin enthusiasts.
Significance of fixed supply: Bitcoin does not devalue like national fiat currencies due to unlimited printing, and is considered a form of anti-inflation 'digital gold.'
Risk of changing the cap: Changing the supply could directly undermine the core value of Bitcoin, leading to a collapse of trust.
This brings to mind the 'Bitcoin block size war' from 2015 to 2017, when two factions engaged in heated debates over block capacity and protocol control, ultimately resulting in the victory of the small block faction, preserving Bitcoin's core characteristics. This debate ultimately led to the emergence of Bitcoin Cash (BCH), which was forked from the faction supporting larger blocks.
Is it necessary to change the cap? Security budget issues arise.
However, some Bitcoin supporters believe that in the future, it may be necessary to increase the supply to address the so-called 'security budget crisis.' For Bitcoin miners, current income consists of two parts: 'the Bitcoin generated per block' and 'transaction fees.'
However, due to Bitcoin's halving mechanism every four years, block rewards will decrease, thereby reducing miners' income. Some developers worry that if the future relies solely on transaction fees, it may not cover the operational costs of miners, which would inevitably impact Bitcoin's network security.
At the beginning of the year, Bitcoin developer Nikita Zhavoronkov stated: 'The likelihood of significantly increasing fee income is low; the 1MB block limit must be changed.' However, Jameson Lopp, CTO of Bitcoin asset management company Casa, believes that concerns about the security budget are currently only hypothetical issues, with no actual evidence to support this claim. Lopp suggests that Bitcoin's global adoption should continue to expand to alleviate this problem.
Does the BlackRock video hide intentions?
However, whether that statement in the BlackRock video is merely a reminder or hints at intentions remains to be seen. Nevertheless, this statement has prompted the Bitcoin community to reflect on how to uphold the core values of the Bitcoin protocol.
Intraday Bitcoin perspective:
Referencing the daily line: From a technical perspective, Bitcoin broke through the ascending channel last week. Using wave theory, the chart clearly shows the ABC correction wave after Bitcoin completed the upward 5-wave; [Overall strategy is to focus on shorting.]
Referencing the 1-hour line: Bitcoin is in a trading range; the price has touched the upper resistance area of 99000 twice without successfully breaking through. The indicators are also diverging downward.
Short-term trades 98500-99500, short in batches. Average price: 99000, target 96500, stop loss 100500.
