🏛 2. If Institutions/Countries Hold the Majority of BTC
Advantages
Prices may be more stable if institutions/countries treat BTC as a strategic reserve asset.
Official adoption could accelerate (e.g., becoming part of national reserves or an official store of value).
Risks
Price and supply could be fully controlled by a small group → retail investors become mere spectators.
Potential for controlled pump & dump cycles to extract market liquidity.
The original spirit of Bitcoin as “the people’s money” fades, turning into “digital gold for the elite.”
---
💡 Conclusion
If we’re talking about Bitcoin’s original vision (decentralization, financial freedom), retail must continue to hold a significant share of BTC’s supply