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0 sats \ 6 replies \ @cryotosensei 2 Dec \ on: MicroStrategy Acquires 15,400 BTC; Now Holds 402,100 BTC bitcoin
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
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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10 sats \ 0 replies \ @cryotosensei 2 Dec
You are so active these days!
Thanks for the quick input
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21 sats \ 3 replies \ @025738dda8 2 Dec
They will own lot of BTC, not 51% of miners. Talking about (de)centralization does not make sense.
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34 sats \ 2 replies \ @028559d218 3 Dec
Holding more coins does not give someone more control over the network.
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95 sats \ 0 replies \ @DarthCoin 3 Dec
Right, also MSTR do not own any BTC, they have only IOUs.
https://www.timechainindex.com/?resource=ChartsCoinbaseBUM
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0 sats \ 0 replies \ @cryotosensei 3 Dec
Thanks for correcting my misconception
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