Bitcoin was created in response to the Great Financial Crisis as the people’s currency to bypass the manipulation and mismanagement of the financial systems by governments, financial institutions and special interest groups. And while there’s an ongoing debate on whether or not Bitcoin is highly concentrated, it is undeniable that it is becoming increasingly so with governments, ETFs dominated by financial institutions, corporations and major whales adding to their share on every price correction. Today, the top 15 holders of BTC possess about 7.5% of the total supply.

Somewhere along the way, an inherent paradox emerged within the Bitcoin maximalist community: believing in the ideals and purpose of Bitcoin, yet celebrating and depending upon the very institutions Bitcoin was built to circumvent.

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