One by one, any institutions that hold Bitcoin are being co-opted in order for THEM to gain full control over manipulating the asset.
Not good.
Discussion
And yet, people are still celebrating these types of things. Im all for btc but the cult mentality in far too many is causing some serious cognitive dissonance. When something is worshipped as god, who is going to question their god?
Ownership of Bitcoin doesn't give them control of Bitcoin
Remember the bad guys: Grayscale, DCG, Barry Silbert, BlackRock, Larry Fink, Coinbase, Brian Armstrong, Binance, CZ, FTX, Sam Bankman Fried
Remember the good actors: joinmarket, no-kyc exchanges, robosats, bisq, bunch of genius anon open-source developers
I dont believe any one single currency is the solution, especially with crypto. Ideally, people take the concept and create projects for any and all communities they are in