BlackRock Issues Bitcoin Supply Shock Warning, Says There’s Not Enough Coins for US Millionaires

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The largest asset manager in the world says there is not enough Bitcoin (BTC) to meet the demand from American billionaires. In a new report titled “Why bitcoin? A perspective from model portfolio builders,” BlackRock analysts Michael Gates and Brett Wager details how Bitcoin is inelastic to demand, unlike gold. Unlike the yellow metal, the […]

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The post BlackRock Issues Bitcoin Supply Shock Warning, Says There’s Not Enough Coins for US Millionaires appeared first on The Daily Hodl.

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