Maybe, i think bitcoin not filling the role of a digital currency was a setback. I almost feel like it was a last minute scramble from venture capitalist to try to find a way to make money from it rebranding it into store of value which was more than likely incidental. It works but probably still ill prepared. .anytime you gotta repurpose things.

Also by it not doing the job well at all of digital currency and being gold it now falls into the same issues as gold. One big issue with gold wasn't enough to go around and it created less economic prosperity. When you have less use of a financial vehicle it's generally less economic prosperity. So everybody talking about betting on the price of gold to go up here over utility lol. Well who benefits from that? Not the poor guy on the ground. The wallstreet guys do this right in their ballpark. Thats why they driving the bull run they are the only ones who can benefit from it. The average hard working living paycheck to paycheck stiff. He probably not sitting on gold bars in his investment portfolio. This guy needs more distribution and more money to move so he can get a better shake. If your product can't move efficiently and everyone holding it and not spending it. Then its doing less of that. The people who hold any substantial significant money in btc wallets are few and far between.

Satoshi or the Satoshi Group i mean honestly we don't even know who this is? lol. It could be Russia or the Cia. It could be a playbook from the matrix films where they see this tech is coming and hey we already know whats going to happen lets control it and let people think they are in control. So they lost their collective you know whats when facebook decided to launch their crypto.. i mean its cease all operations now. They let us walk around and hold bitcoin and i dont think thats because they feel they can't stop it. I think it's more like if they felt they couldn't stop it they'd be doing all they can to act as if they in control and can stop it lol. As well as they'd just make using it illegal. They could just say its a national security threat you violating aml and kyc laws to the point we can't have that. You got money being used and funded through this from a terrorist state, or they could just be fine because they know what btc is and who started it lol.

Anyway getting back to Satoshi or the Satoshi group we know they control 5% of it.. whether they benevolent or not. Then we have greyscale and all their similar like enttities getting in the fray thats probably atleast another 5%. Wallstreet digs in deep who knows what the ownership rate of btc will be then may be over 20%.. and that would just be counting the people who publicly we know and who are identifying themselves and maybe not rogue states lol.

It always sounds bad when i talk but the more info we have the better. As far as altcoins balancing out this possible btc takeover by everyone but the people who it was meant for. They have the problem so far of just not having enough wallets. Bitcoin has about 50-75 million dont know if they all real or duplicates. I"m sure they probably the latter. Then you got maybe next ethereum and then its like a drop off to maybe like 4 million wallets on your next project and it goes down to very little after that. So these projects would need significant wallets and idk getting more wallets and more users comes down to demand and need. Significant need and use and demand. Otherwise idk may just not work out like we think. However i do feel i sense there will be certain areas of the blockchain that may work and gain alot of users it may just be the technology it may not be based on a coin at all. It will be interesting to watch nevertheless

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