What if all the rich people come together and buy most of the BITCOINS can this lead to the control of power again in the hands of few.
Everyone who invests in bitcoin is technically an owner of bitcoin cause you got a shared part from it. So if businessmen will buy a majority of all the bitcoin in the world, they will probably able to a have a control of bitcoin. They can affect the situation in the market and dictate its price. And those who own a little bitcoin will be affected by these. Those with large bitcoins control the pumps and dumps in the market.