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Why BlackRock’s Bitcoin explainer is raising alarm bells💥
BlackRock put out a three minute video explaining Bitcoin.
A key characteristic of Bitcoin is that it has a fixed supply of 21 million.
The fund giant said there is no guarantee that the fixed supply will not be changed.
BlackRock is caught in the eye of a storm from the Bitcoin community after it let out a suspicious line in a three minute Bitcoin explainer.
In the video, the narrator describes one of BItcoin’s core aspects, its 21 million fixed supply, as a hard-coded rule. Yet a subtle disclaimer at the bottom caught Bitcoiners’ attention.
“There is no guarantee that Bitcoin’s 21 million supply cap will not be changed,” read the subtitle.$BTC #BTCNextMove
BlackRock put out a three minute video explaining Bitcoin.
A key characteristic of Bitcoin is that it has a fixed supply of 21 million.
The fund giant said there is no guarantee that the fixed supply will not be changed.
BlackRock is caught in the eye of a storm from the Bitcoin community after it let out a suspicious line in a three minute Bitcoin explainer.
In the video, the narrator describes one of BItcoin’s core aspects, its 21 million fixed supply, as a hard-coded rule. Yet a subtle disclaimer at the bottom caught Bitcoiners’ attention.
“There is no guarantee that Bitcoin’s 21 million supply cap will not be changed,” read the subtitle.$BTC #BTCNextMove
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