$BTC Bitcoin cannot be controlled, and I'll 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 single 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.
At the moment 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 cannot create new ones like they can with gold (which can be mined) or fiat currencies.
✅ On-chain transparency: Everyone can see the 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 can move their BTC anywhere in the world with a private key, without the need for banks or intermediaries.
They may seek to regulate its use, tax transactions, or impose restrictions on centralized exchanges.
But they can't stop it from working: whoever holds it in a cold wallet remains out of their control.
Institutions can influence the price in the short term, but they cannot alter its fundamental rules or prevent its use. On the contrary, the more they accumulate 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 his entire 5%, nothing would change in the fundamentals of Bitcoin. The protocol would remain the same, decentralization intact, and scarcity unchanged. At most, we would have a temporary dump that would be quickly reabsorbed by the market.
In short, there are those who still deny the evidence, but Bitcoin remains the only truly free asset. 🚀
