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Bitcoin’s Illiquid Supply: A New Era for Investors
From fidelitydigitalassets.com
Are investors on the brink of a new era in Bitcoin’s history? Satoshi Nakamoto—Bitcoin’s pseudonymous creator—is now believed to hold more bitcoin than the amount remaining to be mined, with estimated holdings exceeding 1.1 million bitcoin.1 Their substantial holdings not only reflect the ease of acquiring large quantities of bitcoin in the network’s infancy, but also highlight the significant growth witnessed since. With 95% of total supply soon to be in circulation, the market may be shifting from an era of abundance to one defined by scarcity. Bitcoin has always been scarce with a maximum supply of 21 ... (full story)
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