Bitcoin’s transformation questioned: Bitcoin (BTC), initially intended as a decentralized payment system, faces critique for evolving into an institutional investment asset. This shift has raised concerns that it deviates from Satoshi Nakamoto’s original vision. Scalability issues, such as block size limits, intensify this debate.
Concentration of BTC ownership: Ownership concentration is another concern, with firms like MicroStrategy holding around 423,000 BTC. Such accumulation might challenge Bitcoin’s decentralization, a core aspect of its founding philosophy. Supporters, however, argue that Bitcoin’s path reflects market demands and offers a ‘digital gold’ narrative.