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Bitcoinmagazine
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Governments And Large Institutions Can Buy All The Bitcoin They Want (Except Yours)
- The concern is that governments and institutions buying large amounts of Bitcoin could influence the consensus rules to impose censorship.
- Mining centralization is a more direct threat to censorship.
- If economic nodes enforce censorship as new protocol rules, it can lead to a soft fork.
- The best countermeasure is not to sell Bitcoin to governments or large institutions.
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