Yeah for a start it’s still not the same- as they can never manipulate the money system to benefit themselves and hinder everyone else
But I also don’t think it’s anywhere near as concentrated as people think (companies like coinbase hold around 2 million but they will be millions of different people for example)
I dunno though I guess I need to dig into the distribution a bit more.
I think my question from this is what will this mean for companies like Strategy eventually (they “only” have about 3% so far)? What kind of power will they have? Will they just become like a bank- or will they be able to make political decisions etc. I’m still confused by what happens when there is little government intervention etc
