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Saylor holding 10M BTC won’t ‘threaten the protocol,’ says author

cryptoweekly by cryptoweekly
April 25, 2025
in bitcoin, News
0

Bitcoin Standard author Saifedean Ammous says investors would simply divert from Strategy or BlackRock if either ever abused their position of controlling a significant amount of Bitcoin.

Key Takeaways

Bitcoin Standard author Saifedean Ammous says that even if one entity owned a huge amount of Bitcoin, it wouldn’t hurt the protocol

Ammous reiterated major companies like BlackRock and Strategy don’t own the Bitcoin they hold since it belongs to the investors

Read more

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  • SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto
  • Binance wants arbitration for all members of securities class suit
  • US Senate moves forward with GENIUS stablecoin bill
  • JPMorgan boss says bank users can soon buy Bitcoin
  • Solana Labs offshoot Anza pitches ‘biggest change’ ever to network consensus
  • Stablecoins like Tether threatened by tougher rules for Russia’s $10 billion digital assets market
  • Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

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