Are exchange reserves causing a decrease in currency scarcity?
Could you please elaborate on how exchange reserves might be influencing the scarcity of a particular currency? Are these reserves, held by central banks or other financial institutions, impacting the supply and demand dynamics of the currency in question? Are there any specific mechanisms at play that could explain this potential decrease in scarcity? Additionally, could you provide any examples or case studies to further illustrate your point? I'm particularly interested in understanding the economic rationale behind this potential relationship.
Is a decrease in BTC supplying a bullish thesis for bitcoin?
Could you elaborate on whether a decrease in the supply of Bitcoin, or BTC, could potentially support a bullish argument for the cryptocurrency? Are there specific factors at play that would lead to such a conclusion, such as reduced availability driving up demand and prices? And how would investors and market analysts typically interpret such a trend in terms of the overall outlook for Bitcoin?