The core thesis behind Bitcoin is shifting.
Some issues are being overlooked… perhaps intentionally.
Here’s the hard truth from an early adopter:
⚠️ 21 million is no longer the true max supply.
It’s not just hacks to fear now—it’s financialization.
If you still see Bitcoin as pure supply vs. demand,
you’re trading in a market that no longer exists.
Bitcoin has been fractionalized.
Wall Street didn’t join to “pump your bags.”
They came to turn Bitcoin into a fee-generating engine — just like gold in the ’80s.
📊 The Paper Bitcoin Multiplier:
🔹 The Base: 1 real BTC held by a custodian (ETF/large holder).
🔹 The Hedge: Market makers hedge with CME futures & options.
🔹 The Leverage: Perpetual swaps multiply exposure without touching spot.
🔹 The Wrapper: BTC locked & tokenized for DeFi yields → another claim layer.
🔹 The Note: Banks issue structured products tied to BTC price/volatility.
One on-chain Bitcoin.
Five+ claims in the order books.
When derivatives create elastic supply,
scarcity becomes irrelevant short-term.
They can print “paper BTC” to absorb demand,
cap rallies, and trigger liquidations at will.
Sound familiar?
That’s how gold’s volatility was tamed.
🔐 Is there a fix?
Yes. Take back real scarcity.
✅ Move coins off exchanges.
✅ Use self-custody.
If your BTC sits on a centralized ledger,
it can be used as collateral against you.
Your keys, your Bitcoin.
Everything else is just a claim.
#RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound