$BTC Bitcoin cannot be controlled, and I will explain why
I see too much misinformation about Bitcoin. Many believe that if institutions accumulate it, then control is lost. Or worse, I hear some genius say that decentralization is an illusion. 🤦♂️
The reality is different: even if governments and central banks accumulate BTC, they will never be able to control it. Here are some of the reasons:
✅ Decentralization: No entity owns or governs the Bitcoin network. Even if a government held 50% of the BTC, it could not change the rules of the protocol.
Currently, almost 60% of BTC is in the hands of individuals, 17% is lost, less than 3% in the hands of institutions and governments, less than 4% in investment funds, about 3.5% in companies, 3.5 in Miners, 5% Satoshi.
✅ Limited supply: With only 21 million BTC, hoarders make it scarcer, but they can’t create new ones like gold (which can be mined) or fiat currencies.
✅ On-chain transparency: Everyone can see transactions on the blockchain, so any manipulation attempts would be visible and counteractable by users and miners.
✅ Portability and censorship resistance: If a state were to ban it, users could move their BTC anywhere in the world with a private key, without the need for banks or intermediaries.
They could try to regulate its use, tax transactions, or impose restrictions on centralized exchanges.
But they can’t stop it from working: anyone who holds it in a cold wallet remains out of their control.
Institutions can influence the price in the short term, but they can’t alter the fundamental rules or prevent its use. On the contrary, the more they hoard it, the more they increase its scarcity and value in the long term.
And then there are those who say: "But what if Satoshi comes back?" 🤡
Even if Satoshi reappeared and sold all his 5%, nothing would change in the fundamentals of Bitcoin. The protocol would remain the same and the scarcity unchanged.
Bitcoin remains the only truly free asset. 🚀