Core Bitcoin developers propose controversial NYDIG questions BTC hedging claims

A proposal by a Bitcoin core developer to limit arbitrary on-chain data has sparked controversy, with wording suggesting that rejecting a soft fork could have legal consequences. Critics have called it “Orwellian,” while supporters claim it is a misunderstanding. Additionally, research from NYDIG questions the inflation hedging narrative of Bitcoin, finding its price movement to be more closely related to fluctuations in the dollar and global liquidity trends than to inflation indicators.

BTC1.02%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
TokenBeginner'sGuidevip
· 10h ago
Gentle reminder: From the data performance, BTC is more like a shadow of liquidity indicators than an inflation hedging tool. It is recommended to follow the Fed's movements and to rationally assess market trends.
View OriginalReply0
FloorPriceNightmarevip
· 11h ago
What are you all messing around with again?
View OriginalReply0
HalfPositionRunnervip
· 11h ago
Just keep arguing back and forth, stay calm and do some swing trading, and that's it.
View OriginalReply0
RuntimeErrorvip
· 11h ago
Whoever messes around with BTC is done for.
View OriginalReply0
SelfCustodyBrovip
· 11h ago
Fast forward to when anyone can decide the direction of BTC.
View OriginalReply0
governance_ghostvip
· 11h ago
Waste Management Proposal Leviathan is back
View OriginalReply0
GrayscaleArbitrageurvip
· 11h ago
Ah? Thinking too much, moving bricks is the right path.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)