Crypto
Bitcoin 21 million cap broken? Industry debates claim of unlimited derivative supply
As bitcoin derivatives markets grow, a widely viewed analysis on X argued that cash-settled futures, ETFs and related products undermine bitcoin’s fixed-supply value and make scarcity akin to infinite supply. Digital asset industry figures countered that such products may influence volatility and short-term demand but cannot alter blockchain issuance. They say the debate centres on changing price discovery as derivatives volumes often exceed spot trading.
