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and this is how bitcoin will die slowly...

I doubt Bitcoin will die at this point in its lifecycle. It will however get to a point where institutions will control it to some degree. They have the resources and the tools. They've been doing it for decades now with Gold.

But then again, I might be wrong. Only time will tell. I'm just enjoying the ride for now.

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Nope, quite the opposite as long as the network can defend itself :)

Do I have more faith in bitcoin that @DarthCoin?

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Do I have more faith in bitcoin that @DarthCoin?

Yes, you do. Lol.

Side note to remember. We've already seen Blackrock owning shares in big mining firms. This means that with enough resources 'capital' they can control a relatively large percentage in the overall network: https://stormgain.com/blog/investment-giant-blackrock-buying-up-mining-and-bitcoin-stocks

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