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Zhu Su: Bitcoin OG Exit is not Doomsday, Bitcoin Never Relies on Any Single Entity

Zhu Su: Bitcoin OG Exit is not Doomsday, Bitcoin Never Relies on Any Single Entity

BlockBeats News, February 3rd. Su Zhu, co-founder of Three Arrows Capital, stated in a post that the exit of Bitcoin OGs (veteran investors) from the market is not as pessimistic as it sounds. In fact, since the early days of development, OGs have been exiting. Each token distribution has strengthened Bitcoin’s long-term health and monetary value.

If Bitcoin relied on individual purchases or holdings, it would have died long ago. Saylor of MicroStrategy is also the same; he is just an avatar, and the true bearers of MicroStrategy’s Bitcoin risk exposure are actually MSTR investors.

It is worth noting that Su Zhu has remained silent since the end of September last year, became active again at the end of January this year, and even made comments yesterday on the EIP-1559 and the 1011 insider whale’s investment ETH loss event, stating, “They suffered investment losses due to overconfidence after liquidating the top and re-entering the market prematurely.”

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