Adam Black, CEO of Blockstream, once revealed that he placed a real limit order on Bitcoin to buy the entire 21 million Bitcoin supply at just $0.01 - $0.02 per coin.
His point was simple but powerful: even at one cent, it would still take $210,000 in real money to buy all Bitcoin, proving that reaching "zero" is structurally very difficult as long as at least one buyer exists.
He later clarified that this was a genuine live order during 2020, which he eventually cancelled so he could use that liquidity to buy Bitcoin at higher prices, showing long-term conviction over short-term pricing.
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Adam Black, CEO of Blockstream, once revealed that he placed a real limit order on Bitcoin to buy the entire 21 million Bitcoin supply at just $0.01 - $0.02 per coin.
His point was simple but powerful: even at one cent, it would still take $210,000 in real money to buy all Bitcoin, proving that reaching "zero" is structurally very difficult as long as at least one buyer exists.
He later clarified that this was a genuine live order during 2020, which he eventually cancelled so he could use that liquidity to buy Bitcoin at higher prices, showing long-term conviction over short-term pricing.