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73 sats \ 4 replies \ @Solomonsatoshi 6 Nov \ parent \ on: Be careful what you wish for: Bitcoinization can and will have huge implications bitcoin
Linux has been largely captured by corporates - the vast majority of proles use corporate surveillance shitware OSs ... because its been managed that way.
Much the same sad fate could befall Bitcoin.
It would not be a victory, but a case of the revolution being captured and controlled by the very entities it set out to provide an alternative to.
this is a very interesting take.
it is why we need to run our own nodes... while being serious about miner centralization and decentralized block construction if possible.
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You do not appear to fully appreciate the implications of ever increasing institutional custody.
Blackrock & co are buying up miner interests as well as accumulating custody and control of ever more Sats.
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ive watched this video several times and i'm a huge fan of anton.
however i don't see any way to keep institutions from buying, and buying a lot,.
they want to buy ok so... that's it they will. global money means everyone will use it full stop
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Sure but that's no reason to ignore the obvious risks - given how most here are ignoring the risks its all the more reason to highlight them.
Unless you are only here for number go up fiat denominated speculative gain.
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