Bitcoin for Millennials
Bitcoin at $94,000 Today Is a Gift — You’re Still Early | Richard Byworth | BFM147
Apr 28, 2025
57:18
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Quick takeaways
- The impending supply shock in Bitcoin, driven by dwindling exchange availability, is expected to significantly impact market dynamics as demand rises.
- Corporate adoption of Bitcoin by major companies like Nintendo could legitimize it in finance and prompt others to reconsider their treasury strategies.
Deep dives
Imminent Bitcoin Supply Shortage
The discussion highlights the approaching limit in the liquid supply of Bitcoin, suggesting that a significant supply shock is imminent. Over the past four years, the quantity of Bitcoin available on exchanges has decreased substantially, dropping from approximately 3.5 million to about 2.2 million. This decline, coupled with the ongoing issuance of new Bitcoin, indicates a compelling market scenario where demand may soon exceed supply. As Bitcoin becomes increasingly scarce, it is likely to drive up prices, presenting both opportunities and challenges for holders and investors.
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