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11 sats \ 5 replies \ @teemupleb 17h \ on: Come throw a coin in the BTC wishing well bitcoin
Seems dumb. Then a larger proportion of the supply will be controlled by Blackrock and treasury companies captured by the governments.
What impact does that have on other holders?
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Number goes up sure but less sats will be in retail self-custody, running nodes etc.
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But does that practically matter? Isn’t the risk mainly in some group conducting a 51% attack? You can still hold and transact, just from a smaller pool - it wouldn’t seem to change much operationally afaik
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Possible future forks that benefit the proof of weapons network (government) could be easier to implement if less people were owning real bitcoin and running nodes
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Thanks - I'll look into forking
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