I will never personally sell to blackrock and crew, but in making #bitcoin a circular economy wonβt someone I transact with eventually lead to it falling into their grasp? Assuming they will never sell, how does this not eventually lead to total capture?
#AskNostr
Black rock will continue to stack, but plebs will too. Bitcoins incentive structure places individual interests over interests of organizations(governments, corporations etc). So individuals acting out of self interest will prevent capture. Game theory.
True, but you would have to know who you're dealing with til the bitter end.
I've thought about this too. If they own everything and leave the vacuum on, eventually it will have it all.
That's why they're already working on the "change" from transactions which will have smart contracts attached.
Therein lies the rub.
I would guess that making sure your circular economy resembles a web of trust will go a long way towards not having to worry about it.
