Quote from: Westerboob on January 04, 2024, 11:23:57 PM

1. Predictable BTC loss is destabilizing. Every transaction includes risk of loss, meaning a greater portion of supply that is immobile will grow. No, that's not solved with divisibility. The world cannot have confidence trading it's wealth in 1 million BTC with 20 million sitting on chain immobile. If another million can suddenly wake up because an unknown pool has been hoarding them, it wrecks the market.

Bitcoin does have risks, but don't be too paranoid. Because all other assets also have big risks that can result in losses. So risk is a normal and commonplace thing, therefore there is no need to exaggerate it. Because without you realizing it, most bitcoin investors know this risk. But the difference is that they don't think about it too much. Because if you think about it too much it will definitely turn into fear.

Quote from: Westerboob on January 04, 2024, 11:23:57 PM

2. Big tech trends towards monopoly, BTC will eventually be controlled and one pool will control 51%. Dominant pools already have emerged, which means Monoply is inevitable. A truly decentralized system has no components that trend towards centralization.

For me, that's not much of a problem. Because if there is a person or group that monopolizes bitcoin, indirectly this will make bitcoin increase. So if, for example, rich people monopolize bitcoin, ordinary investors will not remain silent. In essence, when rich people monopolize bitcoin, ordinary investors must be able to take advantage of the opportunities from this monopoly. Cool

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