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Is Bitcoin becoming centralized in a different way?

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Since MicroStrategy now owns around 2% of all Bitcoin, and other companies are likely to follow in the future, doesn’t this contradict Bitcoin’s original purpose as a decentralized, peer-to-peer currency, even if it helps with price appreciation?

I also looked recently into mining, but with energy costs and competition rising, it’s already very hard for individuals to participate without spending more than they earn. At the same time, if corporations and institutions keep accumulating Bitcoin as a long-term asset rather than using it, doesn’t that create a new form of centralization? Instead of a few entities controlling the monetary system like in traditional finance, we could end up with a few corporations controlling a significant share of Bitcoin.

Of course, some will argue that Bitcoin remains decentralized because of the blockchain itself, because no one can change the rules, seize funds, or censor transactions. But if a small number of companies control a large percentage of the supply, doesn’t that still give them disproportionate influence over the market and adoption?

Yeah, I’m personally invested in Bitcoin and see the benefits, but I’m curious how do you view this trend?

Does it strengthen Bitcoin’s adoption, or does it make it less accessible for the average person forever?

submitted by /u/_Yolandi
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