CZ: Bitcoin has no policy changes and is mathematically stable
According to reports, CZ (Zhao Changpeng), the founder of Coin On, stated on social media that “Bitcoin has no policy changes, and its maximum supply is still 21 million, which is mathematically stable. What is unstable is its price, which is market/demand driven, which is a characteristic.”
Interpretation of this information:
The message from CZ, the founder of Coin On, emphasizes the stability of Bitcoin’s policy and maximum supply, which remains unchanged at 21 million. The keyword here is “stable.” However, CZ points out that while Bitcoin’s policy is reliable, its price is unpredictable because it is influenced by the market’s demand. CZ describes this as a “characteristic” of Bitcoin, suggesting that it is an inherent trait rather than a flaw or issue to be resolved.
CZ’s statement challenges those who argue that Bitcoin’s price volatility is a fundamental problem that needs to be addressed to increase adoption. Instead, CZ suggests that price instability is an inherent feature of Bitcoin that must be understood and navigated, rather than trying to “fix” it. This viewpoint may be appealing to investors who see the potential for high returns but also recognize the risks of investing in a volatile market. By recognizing this inherent characteristic of Bitcoin, investors can make informed decisions about buying or selling, recognizing that long-term stability may be difficult to achieve.
Despite the uncertainty surrounding Bitcoin’s price, CZ’s message provides reassurance and certainty about the currency’s fundamental policies. The maximum supply of 21 million Bitcoins is set in stone, making Bitcoin a finite resource with a predictable supply. Therefore, investors can rely on this to make informed decisions about buying or selling Bitcoin, knowing that demand for the coin will continue to influence its market value.
In summary, CZ’s message highlights the stability of Bitcoin’s policy regarding its maximum supply despite its volatility in the market. It suggests that the market-driven nature of Bitcoin’s price is an inherent characteristic, and investors must navigate the risks while taking advantages of the opportunities. The three keywords that can be associated with this message are stability, unpredictability, and reliability.
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