BlackRock and Bitcoin: Debunking the Supply Cap Controversy

CoinMarketCap12-25 07:34

BlackRock’s legal disclaimer sparks unfounded fears about altering Bitcoin’s 21 million supply cap despite its decentralized governance. Bitcoin’s Proof-of-Work system ensures miners, nodes, and ...

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This structure ensures that no single entity, no matter how large, can unilaterally alter the network’s rules.If BlackRock were to propose increasing Bitcoin’s supply, the outcome would be straightforward: the decentralized network of economic nodes would reject the proposal. These nodes serve as the backbone of Bitcoin’s governance, ensuring that core principles remain unchanged. This decentralized framework","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","IBIT":"iShares Bitcoin Trust","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","BK4567":"ESG概念","BK4585":"ETF&股票定投概念","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","BK4534":"瑞士信贷持仓","BK4594":"比特币ETF概念","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","LU2430703251.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (USD) INC","LU0731783048.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4535":"淡马锡持仓","LU0742537680.HKD":"FIDELITY GLOBAL DIVIDEND \"A \" (HKD) INC","LU0772969993.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) ACC","BK4588":"碎股","LU1481011671.HKD":"FIDELITY GLOBAL DIVIDEND \"A\" (HKDHDG) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","LU1481011911.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","BK4581":"高盛持仓","BK4504":"桥水持仓","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","BK4135":"资产管理与托管银行","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","BK4601":"加密货币现货ETF","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BLK":"贝莱德","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC"},"translate_title":"贝莱德和比特币：揭穿供应上限争议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLK":1,"IBIT":1},"content_text":"BlackRock’s legal disclaimer sparks unfounded fears about altering Bitcoin’s 21 million supply cap despite its decentralized governance.\nBitcoin’s Proof-of-Work system ensures miners, nodes, and developers collectively protect its fundamental 21 million supply limit.\n\nRecently, BlackRock released an educational video on Bitcoin, sparking a wave of controversy due to one particular statement: \n\n“There is no guarantee that Bitcoin’s 21 million supply cap will not be changed.” \n\nThis comment caused uproar on social media, with some speculating that Bitcoin’s supply limit is under threat. However, these concerns are baseless and greatly exaggerated.\nThe statement in BlackRock’s video is a standard legal disclaimer, a common practice in the financial sector. It acknowledges theoretical possibilities but does not imply intent or capability to alter Bitcoin’s core rules. \nWhile BlackRock is a financial titan and holds over 500,000 Bitcoin in its ETF reserves, its influence on Bitcoin’s protocol is virtually non-existent. Bitcoin’s 21 million supply cap is a fundamental principle, safeguarded by its decentralized design.\nBitcoin operates under a Proof-of-Work (PoW) system, where control is distributed among miners, nodes, and developers. This structure ensures that no single entity, no matter how large, can unilaterally alter the network’s rules. \nA relevant example is the Bitcoin Cash fork, led by Roger Ver. Despite his significant holdings and influence, the broader Bitcoin network rejected his proposal, leaving Bitcoin Cash as a marginal asset while Bitcoin maintained its dominance.\nIf BlackRock were to propose increasing Bitcoin’s supply, the outcome would be straightforward: the decentralized network of economic nodes would reject the proposal. These nodes serve as the backbone of Bitcoin’s governance, ensuring that core principles remain unchanged. This decentralized framework has protected Bitcoin’s integrity since its inception.\nThe idea that BlackRock—or any entity—could control Bitcoin fundamentally misunderstands its architecture. Bitcoin’s decentralized nature ensures that its supply, governance, and core principles remain resistant to manipulation. If Bitcoin could be easily controlled by a single actor, it would have failed long ago.\nThe post BlackRock and Bitcoin: Debunking the Supply Cap Controversy appeared first on ETHNews.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2494639480"}