Bitcoin Holding Centralization Is Growing And Why It Doesnt Really Matter

in LeoFinance • 4 months ago

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Bitcoin is fixed money. This means that it was destined to pool.

We are seeing that and some are rasising flags about it. One of the keys with Bitcoin is the fact that coin allocation means nothing to the network.

When it comes to markate manipulation, something as evident as this would draw eyeballs. To me, the conetralization of the mining companies, at least the ownership, thorugh the public markets and investments by Blackrock is a larger issue.

Here is the article mentioned in the article:

https://en.coin-turk.com/bitcoin-faces-centralization-risks-with-concentrated-holdings/

▶️ 3Speak

#leofinance #bitcoin #centralization #mining #archon #mancave #neoxian
4 months ago in LeoFinance by
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       4 months ago 

      I think as soon as the ETFs were approved, it was expected that BTC will eventually be centralized. As you've said, it doesn't matter. I think the same applies to ETH. With Solana's popularity, it might be next as well. I think what matters is that crypto gets better recognition, and we continue to move forward to decentralization with other tokens.

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