Bitcoin's Recent Performance and Long-Term Scarcity Predictions
Bitcoin's Recent Performance and Long-Term Scarcity Predictions
Recent analysis pits Bitcoin's one-year performance against MicroStrategy's preferred shares, where MSTR shares reportedly outperformed BTC, despite a significant downturn in MSTR's own stock. Concurrently, Binance founder CZ has offered a highly bullish long-term outlook for Bitcoin, forecasting that its increasing scarcity due to lost and dormant coins will soon make it unaffordable for even millionaires to acquire a full Bitcoin.
MicroStrategy vs. Bitcoin: A Performance Duel
Strategy's preferred shares beat Bitcoin over one year, though MSTR stock itself experienced a 75% fall. The article prompts a deeper look into the true victor of this performance duel.
Binance Founder CZ on Bitcoin's Future Affordability
Binance founder CZ predicts that millionaires will soon be unable to afford a single full Bitcoin. This forecast is based on the continuous shrinking of Bitcoin's circulating supply due to lost and dormant coins, enhancing its long-term scarcity and value.