Quote from: avikz on Today at 04:31:13 PM

Quote from: d5000 on July 09, 2025, 07:33:32 PM

Quote from: avikz on July 09, 2025, 05:28:06 PM

It would have stayed apolitical if no governments would have purchased it or talked about creating a bitcoin reserve. Since big corporations are buying it, especially in US, it's not apolitical anymore. Just like oil, countries have already started building their Bitcoin reserve. So it's not apolitical.

I share that slight uncomfortable sentiment about governments' strategic reserves.

It's a real threat to Bitcoin. Bitcoin has always thrived without the support from corporates and governments. It used to be a common people's currency system. At least that's how Satoshi had envisaged it. But unfortunately, governments and corporates are positioning themselves in a way where they can manipulate the market at their will.

I am not saying that these entities will manipulate the market. But having that power to manipulate is scary to others. Bitcoin as an asset is not political, but it's usage can be political and can also harm the common holders like us. That's my concern!

You misunderstand how markets work. Before it was much easier to manipulate Bitcoin's market by smaller parties and bigger parties. Now the number of parties that can manipulate it is shrinking and it will continue to shrink down to a few hands. In the last phase there will be nobody left who can have a big impact on it, but for that the market cap needs to grow a lot more. Also this is the natural consequence of Bitcoin's features. If you didn't think this would happen, then I am sorry but you didn't understand Bitcoin.