The “Trump Pump” has caused a spike in Bitcoin and people are excited, but this isn’t a reason to celebrate. Bitcoin is in a vulnerable position, as institutions and wealthy individuals are trying to gain control. These people are not interested in Bitcoin’s original purpose of providing freedom and sovereignty.
They only want to make money and maintain their power. Bitcoin’s success relies on its decentralization and accessibility, but these wealthy individuals threaten its purpose. It’s essential for Bitcoin to remain focused on its core values to prevent a loss of control and maintain its original potential.
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<p>The post Bitcoin’s Gauntlet: Institutions for Sovereignty or Profit? first appeared on CoinBuzzFeed.</p>
