Cryptocurrency and blockchain technology, which began with Bitcoin, were created to replace centralized control in finance.
With ETFs, Corporate Treasuries, Governments, and now international institutions holding crypto, Bitcoin is becoming increasingly centralized.
Without a tradeoff, most of Bitcoin will eventually be controlled by non-individuals, just the opposite of Satoshi Nakamoto’s dream.
However, still 68% of the total Bitcoin supply lies in the hands of individuals.
Please take a look at the graph in the article for a much clearer perspective.
submitted by /u/chartsguru [link] [comments]
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