So? That does not mean they can control the network. There’s no board of directors to vote based on holdings
Discussion
You really think they will controll the network just because they control a % of the supply???
The majority is in the hands of individual holders. No institutions anyways.
Similar to stockholder shares. BTC is purchased by companies like this and then they control a majority stake. And the Bitcoiners are all selling to them for FIAT. Bitcoin is now being taken over by the billions. Governments are now buying it. The only way to stay in control is to make a GameStop move. Stop selling your BTC and stay in control. But the issue now is , you have to sell it to live and eat. Isnt this similar to FIAT? Think my freind.
GameStop? For every seller there’s a buyer, you can sell or spend. What we need is more retail adoption I agree. But just because they are buying doesn’t mean they control the network.
Agree with retail adoption like what is happening in countries like Africa. The elite dont have to control the network. They will just buy BTC all up, like a corporate takeover. GREED rules this world, all nations and people. Cant stop that.