You are about to action:

Object being modified by the action

Do you want to proceed?

Share Video Link

https://www.bitchute.com/video/EcPnNibDDGg/

Click to copy, then share by pasting into your messages, comments, social media posts and websites.

Embed Video HTML

Click to copy, then add into your webpages so users can view and engage with this video from your site.

Share to Social Media

Share to social media by clicking on the quick share links.

Report Content

Reason

Please select the most appropriate reason from the list provided.

Note: For a more detailed description of each reason, see our Community Guidelines.

Additional Comments

Please add any additonal comments that will help with the assessment of your request.

Note: Copyright claims must contain all the items specified within the Copyright Policy.

Email Submissions

We also accept reports via email. Please see the Guidelines Enforcement Process for instructions on how to make a request via email.

Thank you for submitting your report

We will investigate and take the appropriate action.

Add to Playlist

Is Bitcoin Controlled By The Rich And Powerful?

Next video playing soon

Click to cancel

Autoplay has been paused

Click to watch next video

First published at 18:00 UTC on November 15th, 2021.

Trader University

subscribers

Your platform for uncensored ideas. BitChute Premium.

BitChute Advertisement

A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss whether Bitcoin is controlled by the rich and powerful.

Contrary to popular opinion, holdings of Bitcoin are not as concentrated as widely bel…

A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss whether Bitcoin is controlled by the rich and powerful.

Contrary to popular opinion, holdings of Bitcoin are not as concentrated as widely believed: the addresses that hold hundreds of thousands of Bitcoin are mostly just the cold wallets of large crypto exchanges like Binance and Bitfinex.

The collapse of the New York Agreement (where a bunch of Bitcoin miners and influential Bitcoin companies tried to push through a protocol change but failed) demonstrates that Bitcoin is controlled by the full nodes, rather than the rich and powerful.

Finally, Bitcoin whales may be able to manipulate the short-term price of Bitcoin, but they are unable to affect its long-term value. Any crashes caused by Bitcoin whale manipulation are opportunities for hodlers to buy the dip.

Bitcoin is the first instance in history of the retail investor entering an asset first, and getting in ahead of Wall Street.

No matter how rich and powerful you are, you cannot change Bitcoin or make it bend to your will.

Not investment advice! Consult a financial advisor.

Top 100 richest Bitcoin addresses:
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Top 10 owners of MSFT:
https://money.cnn.com/quote/shareholders/shareholders.html?symb=MSFT&subView=institutional

HODL waves:
https://unchained.com/hodlwaves/

Number of addresses holding at least X BTC:
https://cdn.substack.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F6cd84842-698e-45eb-8fc9-e3ba71a5f16f_1200x775.png

List of backers of SegWit2x:
https://dcgco.medium.com/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

SegWit2x backers cancel plans:
https://techcrunch.com/2017/11/08/segwit2x-backers-cancel-plans-for-bitcoin-hard-fork

Map of full nodes:
https://bitnodes.io/

Solana Billionaire VC's Are Laughi..

LESS