Price discovery is impossible with the whales controlling 90% of all bitcoins minted. The original intent of bitcoin as a neutral asset disappeared long ago. Those at the top are trying to get more users in to keep it's price (and their investment) stabilized.
Bitcoin kind of reminds me of the push for solar energy to replace engines using fossil fuels. Big marketing push by those who benefit from it's adoption even though it doesn't have the value advertised.
Two 1.5 hour videos on the subject on streaming TV interviewing early adopters and investors who have made and lost money.
Solar is great product if are south of latitude 45n
and north of latitude 45s
So your post is pretty much way off by using solar to diss BTC
Now if you want a valid argument against BTC
you could go with Franky1 LN will drag BTC down and is not the best way to help btc.
The fact that you think 98% of the coins are in the hands of whales means you do not understand just how many coins are held in exchanges.
many exchanges hold over 200000
btc that comes about 1% of of all the coins
I estimate that the top holders to low holders is not 98 to 2 as you say but more like
87 to 13 when you factor in btc in the exchanges as not single holders.