Bitcoin: No As Uncontrollable As Many Think

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(Edited)

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There are many, especially maximalists, who feel that Bitcoin cannot be controlled. That might be true to a degree but it can be bought up.

In this video I discuss how Bitcoin is going to be deflationary, which is not the uptopia people think it is. The fact that the establishment can buy up the supply means it is no longer the "people's money".


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Let's think in perspective. When the big entities, corporations and governments will own the majority of bitcoin, what do you think the miners will do? Run the blockchain independently and uninfluenced by the new whales? I doubt that. So even that won't bitcoin have - its own forged path.

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