Someone help me:
If the idea is to get away from centralization, how is institutional buying/mining #bitcoin a good thing? No one really believes that "government" only includes actual members of government do they? Why do all the BTC fukbois (and -gurls) get all hot and bothered when there's evidence of whales swimming in the waters?
#tellmelikeim5 #plebchain #asknostr
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It is considered good only by newcomers who are not into privacy or decentralization stuff. There are a lot of newcomers due to rising Bitcoin popularity.
From what I've seen, some members of the cheerleading squad seem to use it as a basis for building hype. Maybe I'm misinterpreting the messages. Whenever I dig in to see though, I'm usually disappointed.