MultiversX Tracker is Live!

What Happens if Saylor and Other Giants Accumulate All the Bitcoin?

Bitcoin Reddit

More / Bitcoin Reddit 71 Views

With Michael Saylor and a few other large institutions and individuals continually acquiring massive amounts of Bitcoin, what does this mean for the future of BTC adoption and interest?

If a significant portion of the supply ends up concentrated in the hands of a few, what incentive would remain for common folks or smaller investors to engage with Bitcoin? Would this centralization undermine Bitcoin’s ethos of decentralization and financial freedom?

Additionally, the popular predictions of Bitcoin reaching half a million or even a million dollars make sense if everyone wants a piece of it. But if it remains largely concentrated in the hands of a few, how would it matter to the rest of us? Wouldn’t this limit its impact and adoption?

Curious to know more on this ????

submitted by /u/abhisk25
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments