There are more than 21 million Bitcoins, according to Weiss Ratings.
In post by May 25, Weiss Ratings said that exchanges leveraged to create the impression that there are more Bitcoin than exists.
The post reads – ” Unpopular opinion: The supply of Bitcoin is more than 21 million .”
“Exchanges use leverage of the existing supply of a crypto asset as banks do with the supply of fiat money.”
Weiss criticizes the stock market model. Those with custody, which despite the outflow of funds remain the most popular, include an element of trust, which according to the company is not desirable.
The publication ends as follows:
The only protection is to keep your own crypto. If you don’t own your keys, you don’t own the crypto.
There are currently 18.3 million Bitcoin coins mined, with an estimated 4 million lost irretrievably.