Binance founder Changpeng Zhao (CZ) has once again voiced his bullish stance on Bitcoin, highlighting its scarcity as a key component of its value.
Why Bitcoin’s Scarcity Matters
Bitcoin’s scarcity isn’t just a technical feature—it’s a financial revolution. CZ noted, *“There will be future dips,”* emphasizing Bitcoin's fixed supply compared to continuous fiat printing.
Dips Are Normal
CZ’s comment on future dips serves as a reminder that volatility is part of the journey. Bitcoin has gone through numerous corrections, each paving the way for stronger recoveries.
Long-Term Prospects of Bitcoin
With growing institutional interest and expanding retail adoption, Bitcoin’s value proposition continues to strengthen over time. Investors who grasp the scarcity versus inflation dynamic are more likely to hold through the volatility.
Amid rising inflation, Bitcoin continues to be viewed as a reliable asset capable of preserving value.