Former PayPal CEO: BTC is a deflationary asset that has survived all attacks

David Marcus, former CEO of PayPal and current CEO of Lightspark, said that Bitcoin's ingenuity lies not just in its decentralization and borderless nature, but more importantly in its forward-looking incentive structure. In an interview, he explained that this mechanism allows miners to create cryptographically secured value through energy consumption while simultaneously incentivizing holders with its fixed supply. Marcus added that in a world plagued by inflation, Bitcoin was designed as a deflationary asset and has survived every attack from modern finance aimed at undermining it.