Viewpoint: BlackRock BTC short film 'cannot guarantee that the supply of 21 million coins will not change' is just a general disclaimer

Dec 30, 2024 11:36
Odaily Planet Daily News: On December 18th of this year, BlackRock released a short video introducing Bitcoin, in which a statement appeared in the subtitles stating that the bank "cannot guarantee that the supply of 21 million Bitcoin will not change", causing market fluctuations and making Bitcoin supporters uneasy. They suspect that some market giants want to influence the Bitcoin protocol or implement a "hard fork" to increase Bitcoin supply. However, Li Zhiwei, President of the Science and Technology Training Network at the Hong Kong Science Park, stated that some market participants speculate that BlackRock intends to increase its supply of Bitcoin. However, BlackRock's statement in the video is only a general disclaimer. As a major Bitcoin investor, increasing supply is not beneficial to BlackRock because once the supply of Bitcoin increases, its Bitcoin spot ETF will also decline in price. (Hong Kong Wen Wei Po)
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