Why Some Investors Get Bitcoin So Wrong

It is frustrating. But at the same time, interesting.

Over the past couple of weeks, I’ve heard two well-respected investment managers say that they don’t believe in bitcoin’s supply limit. If it’s easy to spin up another Bitcoin, they claim, then there is really no limit. Most of you reading this will be rolling your eyes at this stage, but since it seems to be a firmly held view by some smart people, we should dig deeper.

We’ll find that it’s about more than a lack of research.


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