pull down to refresh

Yes24.3%
No40.5%
I don't know35.1%
37 votes \ poll ended
It doesn't really matter. Is just a marketing strategy... Also there are others holding much more than that.
reply
At some point they will dump it back into the circulation by selling it or using it. So it does not matter
reply
I would argue that basically everything happening with Bitcoin is good for Bitcoin. We need to get a sense of the range of possible states and to see how it functions in them, in order to build confidence in it as a robust global money.
reply
Why does any one care, Jupiter may have most of the mass in the solar system, does that matter? 5 nation states own most of the Fiat dollars along with few institutions...that is how it goes.
reply
even if it was a problem, there is nothing a user of the network can do regarding it.
reply
I don't think it's a bad thing. People hoard all forms of wealth, this is no different. I think it helps perception of bitcoin being valuable, so that's a positive. Plus, if they're holding them in cold storage and not moving them, it makes my stack that much more valuable because the supply is effectively lowered.
reply
Depends on what they're doing with the wealth. Having a large amount of money, in and of itself, is not good or bad.
reply
Why would it be good or bad?
Bad because afraid of dumping them? Cheap sats for everyone else
So the poll is missing the option: "Doesn't matter"
reply
Seems its ownership is relatively spread out as it's owned by so many different shareholders?
reply
I don't see what's wrong with it. First off Bitcoin isn't a PoS network so microstrategy essentially has no control over the network. Compare that to other networks where they could have a significant stake in consensus indefinitely with this kind of money.
reply
Doesnt matter, cant stop it
reply
It's fine but it is a another point of FUD for bitcoin opponents to point to.
reply
It's a problem that you can buy real money with loaned fiat.
reply
It doesn't change anything if they have1 sat or 140.000 bitcoins. They're in the business of being as wealthy as possible...in USD. So, to me, it's OK they have that amount.
reply
reply
Why not?
reply