“Satoshi Nakamoto is already dead or has lost the private key, so institutions are willing to buy #BTC” — this inference sounds smooth, but the logic jumps too quickly.
Institutions may buy #BTC not necessarily because they’ve confirmed the creator can’t sell, but also because 1.1 million bitcoins account for only about 5% of the total supply, and market liquidity, ETF structure, and the derivatives market can already absorb such a shock.
Also, if it really were the CIA or an intelligence agency that created it, why hasn’t any credible evidence emerged in over a decade? Conspiracy theories are easy to talk about, but hard to verify.
Institutions may buy #BTC not necessarily because they’ve confirmed the creator can’t sell, but also because 1.1 million bitcoins account for only about 5% of the total supply, and market liquidity, ETF structure, and the derivatives market can already absorb such a shock.
Also, if it really were the CIA or an intelligence agency that created it, why hasn’t any credible evidence emerged in over a decade? Conspiracy theories are easy to talk about, but hard to verify.
