The prominent figure in the CZ cryptocurrency world holds 633,000 bitcoins, which is no small number!
The U.S. government's national debt has reached 36 trillion dollars. The total supply of bitcoin is fixed at 21 million; if we calculate at today’s price of 100,000 dollars per bitcoin, either the price of each bitcoin would soar to a million, or an additional 100 million bitcoins would have to appear out of thin air (but this is obviously impossible since the total supply of bitcoin is constant and does not require paper).
The difference between bitcoin and real currency is that once you own all the bitcoins, it becomes worthless because it loses its liquidity and value measurement benchmark. The Federal Reserve recently referred to bitcoin as “virtual gold,” while the Federal Reserve holds 8,000 tons of gold, totaling 660 billion dollars at the current gold price. If this gold reserve corresponds to 21 million bitcoins, each bitcoin would be valued at about 31,700 dollars.
However, if all 21 million bitcoins were sold off, their price would plummet to below 100 dollars each.
Recently, I've been observing the primary market. Currently, funds are mostly concentrated in the secondary market, hot money has yet to flow out, and Ethereum has not yet launched. Now is a good time to position in the primary market. I feel that the puppies project on the Ethereum chain has great potential, is related to Musk, and is worth watching; it might become the next potential coin like SHIB. #puppies会是下一个shib
#纳斯达克100指数宣布纳入微策略 #BTC重回关键位置后走势 #比特币战略储备 #加密市场反弹 $SHIB $DOGE $PEPE