In recent days, many people have used the incident where Bithumb mistakenly issued 620,000 bitcoins to internal users to argue that the total supply of BTC is not 21 million;

As someone who once forked the Bitcoin network, I scoff at such claims;

The BTC that customers trade is originally consolidated in the exchange's cold wallet and withdrawal wallet. The BTC balance that customers see on the app is just a number in the database, which is fundamentally different from the BTC on the Bitcoin blockchain;

Therefore, when exchange operators make mistakes and airdrop BTC to exchange users, the amount that users can withdraw to the blockchain can never exceed the total amount of BTC held by the exchange. In fact, only a few quick hands managed to withdraw a little, so how can this prove that the total supply of Bitcoin is greater than 21 million?

This incident serves as a detector of professionalism; anyone who uses this event to FUD the total supply of Bitcoin can be labeled as "uninformed."

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