That is a fairly cynical view to have. The reality is that nobody controls the bitcoin network. Just because an entity has a lot of coins that doesn’t give them protocol voting rights.
Discussion
I used to think so too. However, if you watch #mempool bitcoin explorer then you will see that some blocks are delayed 30 plus minutes so the tranaction fees get to a better sat/vB. Watch and explain that. One of reasons I closed my positions.