Replying to Avatar Moss

If ETF becomes the largest holder of Bitcoin this year, or if ETF holds more than 50% of #Bitcoin in the future. What will happen to Bitcoin? Will the government eventually take over?

The biggest goal of Nostr is to let more people own sats through Nostr.
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Erik 1y ago

If “they” own 50%+ btc, then the other remaining non kyc btc will be more attractive to bitcoiners.

1 btc = 1 btc but a kyc bitcoin is ehhh,… some will rather do the work to find non kyc

Needless to say, the network itself will still be decentralized

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