BITCOIN IS A kING
Bitcoin Maxis Are Ignoring the Biggest Threat
For years, Bitcoin$BTC maxis have defended one sacred idea like armor: only 21 million BTC will ever exist.
Scarcity is the story. Scarcity is the value.
But lately, that narrative feels… incomplete.
A viral post by X analyst NoLimit finally put words to the discomfort many don’t want to admit. The biggest threat to $BTC Bitcoin isn’t price suppression, halvings, or missed moon cycles. It’s something far quieter—and far more dangerous. Wall Street doesn’t need to break Bitcoin$BTC
. It just needs to wrap it.
ETFs, futures, options, structured notes, and synthetic exposure are exploding. On paper, everyone “owns” #BitcoinGoogleSearchesSurge Bitcoin. In reality, very few people hold it.
Scarcity only matters if demand touches the real asset. But when most demand is funneled into paper claims, IOUs, and custodial products, #MarketRally Bitcoin’s#BitcoinGoogleSearchesSurge core power—self-sovereignty—gets diluted.This doesn’t kill Bitcoin.
But it changes what Bitcoin#RiskAssetsMarketShock is being used for.
The real question isn’t “#BitcoinGoogleSearchesSurge Will BTC hit $200K?”
It’s: Who actually controls the supply when it does? And that’s the conversation maxis keep avoiding.