Michael Saylor’s claim that he has complete control over Bitcoin is false. Despite being the second most powerful person in Bitcoin after Satoshi Nakamoto, Saylor cannot unilaterally decide the fate of the cryptocurrency. Bitcoin is decentralized, permissionless, and based on consensus, meaning no single entity, not even the largest holder, can dictate terms.
Saylor’s influence is limited, as he cannot compel developers, miners, or nodes to follow his preferred roadmap. Bitcoin’s value stems from the fact that no one party controls it, making it impossible for whales to centralize decision-making. Saylor’s Bitcoin stack grants him a voice at the table, but not absolute authority.
The idea that Saylor is Bitcoin’s dictator is a bogus narrative that does not hold up to scrutiny.
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<p>The post Title: Debunking the Notion of Michael Saylor’s Dominance Over Bitcoin: A Decentralized Reality Check first appeared on CoinBuzzFeed.</p>
