Scary. This tips the scales wayy to far in the institutional favor, and it is quite discouraging to me.

They’ll be loaning and selling #btc at a premium, and soon plebs will be asking them for permission to buy bitcoin.

How could it go any other way, unless the masses keep stacking hard!?

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This was always inevitable. I’m not as worried about these guys having 7% of the supply as much as two mining pools having 51% of the hashrate.

Good point ☝🏼