“There is not enough bitcoin to USD 120,000”: Jack Mallers

  • Mallers said that, in the case of Bitcoin, there is no factory to which you can go.

  • Companies such as Strategy and Metaplenet have adopted Bitcoin -centered investment strategies.

Jack Mallers, CEO of Strike and one of the most influential figures of the ecosystem, said in a recent interview that the supply of Bitcoin (BTC) is beginning to be insufficient in the face of the increase in demand from institutional markets.

In his opinion, this dynamic will boost gradual price increases, since there is no way to increase the offer of the asset.

«If everyone wanted an iPhone, Apple could make more. If everyone wanted a McDonald’s hamburger, the chain could produce more. But if everyone wants Bitcoin, there is no factory to go; It only remains to raise the price, ”Mallers explained, underlining the shortage and what he considers the little intuitive nature of this digital asset.

Bitcoin differs from other assets because his supply is absolutely limited: There will only be 21 million units in total. This characteristic, defined in its code since its creation, guarantees that there can never be inflation due to excessive emission, unlike the FÍAT currencies that central banks can print at will.

Until then, the production of new bitcoin is progressively reduced by events called halvings, which occur approximately every four years and The reward that miners receive for validating transactions decreases in halfeven more strengthening the scarcity of the asset over time.

It is estimated that the last bitcoin will be undermined around 2140, when the network reaches the maximum limit of currency coins.

Thus, the young entrepreneur pointed out that, in the face of a growing demand by large funds and even potential governments, Buyers will have no choice but to acquire BTC at increasingly high prices.

«Is there enough Bitcoin for me to USD 120,000? No. And at 130, 140, 150 thousand …? Well … there is always Bitcoin available, it only depends on how much you are willing to pay, ”said Mallers, making it clear that he provides higher prices for the currency.

In addition, the specialist argued that his strategy at the head of the firm Twenty One It is double: accumulate as much BTC as possible and, in parallel, develop technology and tools on the network. “We plan to lift capital from the deepest funds, acquire bitcoin and create products,” he said.

When asked if his model seeks to compete with giants such as Coinbase or Strategy, the billionaire replied: «Why not both? I think we have that potential ». In the long term, anticipate that BTC’s shortage will be so marked that much of the offer in the open market could disappearpromoting the even higher price as new actors enter to buy.

“Bitcoin is the most scarce asset that exists and its supply is inelastic against demand,” concluded the specialist.

Bitcoin’s corporate adoption has gained a remarkable impulse in recent years, with companies such as Strategy and Metaplanet leading this process.

Strategy, under the leadership of Michael Saylor, has acquired to date 628,791 BTC, according to data of Bitcoin Treasuries. For its part, Metaplenet – a Japanese company that adopted a Bitcoin -centered strategy in 2024 – has 17,132 BTC, which makes it the largest corporate holder in Bitcoin in Asia and the fifth worldwide.

Jack Mallers’ vision of Bitcoin is limited to the financial or corporate field. As Cryptonotics reported in June, during his participation in the BTC Prague Conference, the businessman offered a hard diagnosis on the traditional monetary system, which he described as immorally and structurally failed. In his opinion, Fíat money has been used as a control tool by political eliteswith devastating consequences for younger generations.

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