BitGo CEO highlights Bitcoin scarcity as core value

BitGo CEO Mike Belshe said Bitcoin’s fixed supply remains the cryptocurrency’s most important feature even as the broader digital asset industry expands into new areas such as stablecoins and tokenisation.

Speaking in a recent interview with TheStreet Roundtable, Belshe said Bitcoin continues to anchor the crypto ecosystem because its monetary supply is permanently capped, creating a form of scarcity traditional currencies cannot replicate.

“Over the long arc of history, we are going to realise that the scarcity of money, which only Bitcoin provides, is how you get the bedrock of safety,”

Said BitGo CEO, Mike Belshe.

Belshe founded BitGo in 2013 as a digital asset custody platform for institutions and said that although the company now supports thousands of cryptocurrencies, Bitcoin remains central to the industry’s credibility.

“We touch all kinds of coins in addition to Bitcoin today, thousands of coins,”

Belshe said.

“But it’s that safety piece which matters most and it’s why it lasts the long arc of time.”