How does owning more bitcoins lead to more power over the network?
The statement doesn’t mention power of the network. My interpretation is actual power in the real world. Money = power. In a world where BTC is universally accepted as global hard money, owning almost a 20th of the supply makes you richer than god and about as omnipotent. Also they can destabilise the market and fuck with everyone’s long term investment. That’s how I read it anyway
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