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Saylor holding 10M BTC won’t ‘threaten the protocol,’ says author

cryptoweekly by cryptoweekly
April 25, 2025
in bitcoin, News
0

Bitcoin Standard author Saifedean Ammous says investors would simply divert from Strategy or BlackRock if either ever abused their position of controlling a significant amount of Bitcoin.

Key Takeaways

Bitcoin Standard author Saifedean Ammous says that even if one entity owned a huge amount of Bitcoin, it wouldn’t hurt the protocol

Ammous reiterated major companies like BlackRock and Strategy don’t own the Bitcoin they hold since it belongs to the investors

Read more

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Recent Posts
  • Bitcoin eyes $105K pre-FOMC as Trump reveals Iran asked for dialogue
  • The empire strikes out: Institutionalists failed to kill the stablecoin bill
  • Pi Network migration problems: Users report KYC, 2FA and balance errors
  • Bitcoin’s invisible tug-of-war between suits and cypherpunks
  • Senate passes GENIUS stablecoin bill amid concerns over systemic risk
  • Circle’s USDC to become eligible collateral for US futures trading
  • How a fake tweet from Paraguay pushed Bitcoin to $110K

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