Part 9/13:
This shift could fundamentally alter market dynamics, making Bitcoin more resilient to downward pressure and more appealing as a long-term store of value.
3. Risks of Centralization and Political Manipulation
Despite these positive signals, there are profound risks associated with the accumulation of such vast holdings by a single government entity:
- Centralization of Control: Bitcoin was designed for decentralization, but this level of holdings introduces centralized authority that could influence the network or trade in the future.