"Individuals hold more Bitcoin than all governments, companies, funds and exchanges combined"
This may not be true for much longer...
Discussion
Everyone has a sell price. No matter what they say about hodl forever. Everyone will sell some corn at some point to improve their life. Can’t blame them. I guess it will depend who they sell to? If peer2peer continues to grow then maybe the sats will stay within individuals. We can hope
Well, fortunately the big boys can't create and benefit from the printing press.
So eventually, Bitcoin will flow to the most productive.
Whatever happens between now and then matters a little, but ultimately the energy will find it's way to those that produce the most efficient energy.
Will people sell for printed dollars... Probably yes
Individuals selling their bitcoin has some nuance to it:
some folks who see btc as an investment will undoubtedly cash out at some point
but long-time hodlers selling a bit here and there for expenses is not the same thing, and it won't significantly shift ownership - especially if some purchases can happen within the btc circular economy.