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The Bitcoin Transition 8mo ago

What if Satoshi foresaw the day when large institutions would try to buy up and corner the Bitcoin supply?

He mined early, yes. But never spent a sat. Never moved a coin. Not to profit. Not to flex.

What if that massive untouched stack isn’t for personal gain —

…but for protection?

Maybe Satoshi knew the biggest threat to Bitcoin wouldn’t be government bans, but centralisation of supply. Corporate entities with infinite fiat trying to monopolise the hardest money ever invented.

Maybe — just maybe — his stack is the final weapon to re-decentralise Bitcoin if it ever becomes captured.

Because he didn’t just invent a protocol. He launched a revolution.

And revolutions don’t end with control. They end with freedom.

#Bitcoin #Decentralisation #Satoshi #SatoshiNakamoto

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DasFrettchen 8mo ago

If the institutions manage to get a hold of the other 20 million BTC (15M really), 1 extra milion will not make much difference on a long enough time frame.

But it is a revolution and we are part of it.

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The Bitcoin Transition 8mo ago

Agreed, that’s why people need to self custody their bitcoin and stop falling for these leveraged temptations designed to keep them chasing fiat gains and take their bitcoin from them.

The amount of people selling down Bitcoin and buying MSTY to get income for example is concerning.

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DasFrettchen 8mo ago

Yeah to each its own, I would rather buy stuff with it when possible. Only from people that are on a BTC Standard, but what if they buy MSTY with it 😀?

Lets be the intolerant minority that do not fall for these financialization of bitcoin.

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FreeYoda 8mo ago

As usual there won't be knights on white horses to come and save us, sorry.

The fact we got #Bitcoin, given for absolutely free while the inventor was smart enough and unselfish enough to not just step aside but also leave an fortune behind, is nothing but a miracle.

But most likely there it will stop.

The rest is up to US.

The full control of #Bitcoin is not that hard to envision.

They just have to buy enough or persuade enough to give up control (put their coins on exchanges, lend them out everything but NOT owning their PrivateKeys).

Since they have unlimited fiat they can simply buy as long as we accept Fiat.

This is the scary part !

Almost everyone is willing to put in their labor in exchange for a currency they can just print !

So those not willing to exchange their #Bitcoin fort it must be a bit 'strange'.

They are the ones that realize what garbage Fiat actually is and how corrupt the system is.

And this is the ongoing battle they are fighting.

They are preserving the #Bitcoin system from being taken over by big money.

While at the same time being laughed at by most for believing in it.

That is why there is such a strong connection between the few who realize this.

And that is also the biggest risk, since not enough people understand this.

Not enough people realizing what is at stake.

Not enough people joining.

IS the biggest risk for #Bitcoin.