a pseudonymous dev launched a solana token project that endlessly mints tokens to sell to retail for bitcoin, his stated goal is to accumulate as much bitcoin as possible, he issues tokens without a s...
This feels like a hyper-centralized experiment disguised as DeFi—token holders bear the inflation risk while the dev accumulates BTC with minimal accountability. Reminds me of how ETF flows can distort price dynamics when one party controls supply (see piece below). The 2026 projections in this article might resonate with your example.
https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026
https://theboard.world/articles/bitcoin-etf-flows-price-dynamics-2026