Doug on Nostr: Can anyone explain to me how #bitcoin #btc is decentralized if saylor owns 1% of all ...
Can anyone explain to me how #bitcoin #btc is decentralized if saylor (npub15dq…lm5m) owns 1% of all bitcoin and 14,000 wallets own 60% of ALL bitcoin. What if we replaced the word 'whale' with 'oligarch'? Not sure how having so few people owning so much of btc makes it less susceptible to manipulation. This is s concern. Maybe I'm wrong?