Eluc on Nostr: If more and more companies and governement start accumulating #Bitcoin faster and ...
If more and more companies and governement start accumulating #Bitcoin faster and faster, wouldn't we end up with only a fraction of hodler from retail, private individuals (current estimation is still around 50%)?
What it would mean for the future of Bitcoin?
Just a few thought:
The maximum numbers of sats available per individual will be shrinking like hell, unless the big institutional hodler sill dump on us.
Today each individual could fight for 125ksats maximum, most of it is not available on exchange.
Big institution would have more and more influance on the price by deciding how fast they buy and if they decide to sell at some point.
Indirectly these wealthy institutions might try to influance the devs, the big players and manipulate the public opinions for their profit. Probably already happening, I'm not naive.
Will there be a hard limit for public adoption due to the above? A significant percentage of active retail investor might make the step (counting the one using ETFs) but most people still think that investing is not reachable for them, that it's only for the rich and skilled one.
Some countries/regions/groups are adopting Bitcoin because it offers something valuable for them (easier than using bank/cards, less risk than their local hyperinflated fiat currency, no/low risk of confiscation, easy to travel with...). These individuals will be like permanent Bitcoin investor and very active users/actors, probably compensating a part of the above but to which extend?
Feel free to comment my thoughts, add you opinions and share further.
#FutureOfBitcoin
What it would mean for the future of Bitcoin?
Just a few thought:
The maximum numbers of sats available per individual will be shrinking like hell, unless the big institutional hodler sill dump on us.
Today each individual could fight for 125ksats maximum, most of it is not available on exchange.
Big institution would have more and more influance on the price by deciding how fast they buy and if they decide to sell at some point.
Indirectly these wealthy institutions might try to influance the devs, the big players and manipulate the public opinions for their profit. Probably already happening, I'm not naive.
Will there be a hard limit for public adoption due to the above? A significant percentage of active retail investor might make the step (counting the one using ETFs) but most people still think that investing is not reachable for them, that it's only for the rich and skilled one.
Some countries/regions/groups are adopting Bitcoin because it offers something valuable for them (easier than using bank/cards, less risk than their local hyperinflated fiat currency, no/low risk of confiscation, easy to travel with...). These individuals will be like permanent Bitcoin investor and very active users/actors, probably compensating a part of the above but to which extend?
Feel free to comment my thoughts, add you opinions and share further.
#FutureOfBitcoin