Odaily Planet Daily News: Three Arrows Capital Co-Founder Zhu Su wrote that the gradual exit of early Bitcoin holders (OGs) is not as pessimistic as it appears on the surface. He pointed out that since Bitcoin was priced at just $1, OGs have been continuously distributing chips, and each round of redistribution actually enhances Bitcoin’s long-term health and “monetary nature.”
Zhu Su stated that if Bitcoin had to rely on a single individual holding it long-term to sustain itself, it would have already failed; many early participants who reached $1,000 in Bitcoin in 2013 have successfully cashed out and retired. He also mentioned that Strategy (MSTR) investors are essentially paying for Bitcoin risk exposure, with Michael Saylor acting more as an “embodiment” of this process rather than the sole beneficiary.
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