According to @Andre_Dragosch, institutional investors have permanently removed almost 12.5% from the future Bitcoin timechain, implying fewer coins available for market liquidity and execution, source: @Andre_Dragosch on X, Sep 17, 2025. According to @Andre_Dragosch, this is a demand shock rather than a supply shock, highlighting strong buy-side pressure that is relevant for BTC price dynamics and order book depth, source: @Andre_Dragosch on X, Sep 17, 2025.

According to Adam Back, Bitcoin is owned by humanity, protocol developers are stewards who need user consensus to change it materially, Bitcoin is about money, spam has no place in the timechain, and what defaults the Bitcoin Core project sets in the reference client matter for the network. Source: Adam Back on X, Sep 5, 2025.