do people want bitcoin ownership to be in the hands of a few companies? I didn't want us to buy too much at Square/Block because I didn't feel good about this.
The priority right now is to get capitalisation to a level where separation of money and state can happen. Till then buy and hodl even if it concentrates coins is debatably a good act. After $1m per coin it’ll be a reserve currency and you can sell it; it’ll be on the denominator of pricing goods and services, and won’t impact capitalisation.
In this scenario I’m assuming Block will be doing impactful work with its gains rather than seeking world domination.
In this scenario I’m assuming Block will be doing impactful work with its gains rather than seeking world domination.
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