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Will there come a point in time in which MicroStrategy holds so much BTC that its decentralisation is compromised?

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83 sats \ 1 reply \ @ek 2 Dec 2024

I don't think so.

MicroStrategy doesn't hold bitcoins of other people like ETFs so in case of a hard fork, they don't vote for other people which chain they are going to follow.

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You are so active these days!

Thanks for the quick input

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They will own lot of BTC, not 51% of miners. Talking about (de)centralization does not make sense.

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Holding more coins does not give someone more control over the network.

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Right, also MSTR do not own any BTC, they have only IOUs.

https://www.timechainindex.com/?resource=ChartsCoinbaseBUM

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Thanks for correcting my misconception

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Only 17969 to go

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Don't you think that this is getting dangerous for the whole ecosystem?

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If it's dangerous bitcoin is done.

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Yep, and this guy is not even in it for the FreedomGoUp Tech...

Might be the most damaging bitcoin Influencer. Why did we make him an icon?

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Sounds like you should be stacking harder

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:D ok boss

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accretion > dilution

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They're eventually going to get a million aren't they...

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Make Bitcoin Unaffordable to Saylor

The will only end up going one way… I’m just not sure which way. Really good or really bad… NO in between. Similar to Bitcoin it self

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Looks like they can now sell even more paper bitcoin.

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How can we know for sure they are really holding and buying all of that?

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Imagine buying up $BTC with other people's fiat.