Democratic governments are high preference entities.
They will sell their coins to appease the masses who demand bread and circuses, as opposed to letting the next administration do it and being remembered as the 'bad', austere guys.

SpaceHodler

I'm seeing people rebelling and trying to take out the government bitcoin miners, which the government confiscated from Jihan. They protect their warehouses with AI robots... It will be expensive for them, the AI energy consumption eats into miner profitability.

cyberpunk02

bitcoin

Sunday Survey: How concerned are you about miner centralization?

jimmysong

I personally am not too worried about the fact that mining is centralized in pools. You need to have computing power to solve the puzzle and mine the block. Only one person does not have that computing power and together they solve it faster and the mining speed is maintained, which maintains the transaction approval time. 

In any case, it is payment for their work. 

I am more concerned about governments having so much access to large amounts of BTC. Because what will the future be like in a BITCOIN ONLY scenario if governments are controlling those large amounts.
