They are trying to centralize #bitcoin ???
#ask #askstr #asknostr
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Discussion
when we talk about bitcoin being decentralized we are not talking about ownership of the tokens. It doesn't matter who owns how much. Saylor can own as many of them as he can possible buy, it won't change anything about bitcoin or what it's doing to the global economy
No, more coins doesnt give you more control of the network at all.
Plus these coins are held on the behalf of microstrategy so the are consolidating into one individual entity per say. Theres no proof that shows in the event of a hardfork that these entities move quickly choosing a particular side of the fork or not.
I was referring to price manipulation, I probably expressed myself badly… whether it works is another story… but it is good to read your clarification komrade
even on that note, how could they ? price is not something centralized, price is an aggregation from multiple sources. if they weer to TRY to dump price theyd actually HAVE TO put that sell order out there somewhere to do so and then its only a one time event even if it is successful. so if they are trying to accumulate to try and dump price let them they only get one shot, it wont last long then theyll be done.
It's impossible from my perspective too, but they will dare to buy them all.
On average they are in the 58k gang