I was watching a video on YouTube:
In any case thanks for all the responses guys.
YT can be a source of good entertainment and useful information, but also the vast majority of information regarding cryptocurrencies (especially Bitcoin) is wrong and confusing. I'm not saying that there is no good content, but by the time you find something good, they fill your head with all kinds of nonsense that is hard to get out of your head.
I guess? but considering all the big dick companies and gov'ts are accumulating and hoarding most of the btc, maybe having more btc available could allow more average folks to jump into the market? Plus after all, bitcoin was meant to be 21 million, not 21 million, but X amount is missing! sadge.
Can you clarify what exactly you mean when you talk about 21 million BTC? It is true that the max supply is 21 million, and that there are currently around 19.6 million BTC in circulation, and that the last BTC will be mined around the year 2140.
As for governments and large companies, I think that they are still late when it comes to Bitcoin, because sometime by the middle or end of 2017, Bitcoin was not really in their focus as an investment. In other words, ordinary people had more than enough time to accumulate as much as they wanted at fairly low prices - while
"they" today have to pay $50k+ for 1 BTC.