Bitcoin consensus is dictated by the economic actors actually using it. If Bitcoin becomes a simple financialized asset dominated by the legacy institutions and actors that it was built to free us from, then proportionally to their level of use they decide consensus.

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https://bitcoinmagazine.com/takes/the-trump-pump-a-road-to-capture-and-failure

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Let the regulatory capture begin!

We're all going to be be filthy rich!

Bags will be pumped, and then the rich will reinstate the xmr atomic swap and freedom will grow again? Lol I'm mostly full of shit.

Now does hodling it really count as economic usage. Probably not?

As shown in the block size wars, this is false.

Will it change? Perhaps. Only time will tell.

That is the most backwards nonsense I've ever heard. That is exactly what the block size wars DID prove.

How so? The larger economic players lost, forked, and lost again(and still are for that matter).

Nevermind. I completely misread his original note, lol. my bad.

We are in agreement.