Exactly the opposite.
I don't want anybody, nor Central Banks, nor influencers, nor rich people, nor private Enterprises to control too much of a commodity to being able to control its exchange rate.
That's concentration of power, and that corrupts.
We have seeing it again and again.
So you want Socialism AND central banks.
Less power more responsibility type of request.
"That's concentration of power, and that corrupts."
Excuse me, when do socialists agree with the idea that concentration of power (even in the State hands) is a bad idea?
What concentration of power over bitcoin have you described or identified? None that I’ve seen. Rather you have implied that someone or something should control the exchange rate of bitcoin and prevent anyone from owning “too much” bitcoin. You are advocating for central control of money policy and property ownership, so how do you achieve that?
I'm advocating for what?!?!
Sorry, at this point I don't know if I'm not able to express myself in english (it could be that, as it's not my mother language), or you are having problems to understand my words.
It’s the logical conclusion for what you’re saying is a “bad” thing — someone owning “too much” bitcoin, and wanting the exchange rate to be immune to the effects market forces. From my angle you appear to have a very flawed fundamental understanding of what you’re even saying. You need to start there. Until then this is a useless conversation.
Excuse me, but that's YOUR conclusion, not mine.
Do I think it's good for someone to control a big stake of bitcoin? Nope.
Do I think it's good for someone to control a big stake of political power? Nope.
Do I think it's good for someone to control a big stake of oil production? Nope.
Etc...
Do I propose something to change any of those things? Nope.
Not everything that I think it's not good should be changed!
So, please, don't apply your central planner logic to my opinions.
It's clear that my logic doesn't work like yours.
I am not advocating to anything you said.
🫂
