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BlackRock’s Explainer Sparks FUD On Bitcoin’s 21 Million Supply Cap: Changes Theoretically Possible But ‘Unlikely,’ Says Analyst

Posted On December 20, 2024

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 …

Full story available on Benzinga.com

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