BlackRock’s Explainer Sparks FUD On Bitcoin’s 21 Million Supply Cap: Changes Theoretically Possible But ‘Unlikely,’ Says Analyst
The world’s largest asset manager, BlackRock, raised eyebrows on Wednesday after including a line in an explainer video that supposedly disputed Bitcoin’s (CRYPTO: BTC) finite supply thesis.
What happened: The 3-minute-long video, shared by various X users, including MicroStrategy co-founder Michael Saylor, went over the technical details of the top cryptocurrency and its value proposition.
However, when the video reached the fixed supply part, a text disclaimer emerged, stating, “There’s no guarantee that Bitcoin’s 21 million supply cap will not be changed.”
This was enough to spark anxiety among Bitcoiners. A user, going by the pseudonym The Prairie Banana, wondered why such a disclaimer would be inserted.
Alexander, another user, said, “Umm, is …