Imo the greatest threat is these cantillionaire corporations buying up coin with fake money which you know will be used to create a centralized surveilled, permissioned and censored "bitcoin-backed" fake bitcoin currency system.
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Threat to who? They are draining wealth from fiat and putting wealth into bitcoin…it doesn’t change bitcoin or steal from anyone on a bitcoin standard. This type of speculative attack was predicted 10 years ago…it was inevitable.