I have to call BS on this claim that Michael Saylor is now Bitcoin’s overlord and can single-handedly decide its fate. That’s just ridiculous.
During some drama about whether MicroStrategy’s valuation makes sense, Vinny Lingham declared Saylor is the second most powerful person in Bitcoin after Satoshi Nakamoto. He argued Saylor can dictate terms by threatening to dump MicroStrategy’s giant bitcoin stash if he doesn’t get his way.
While questioning MicroStrategy is fair game, the notion Saylor controls Bitcoin’s destiny is intellectually dishonest drama-baiting. Vinny knows better.
Bitcoin is decentralized, permissionless, and based on consensus. No single entity, not even the largest holder, can dictate terms.
If influence correlated to Bitcoin holdings, the asset would have failed long ago. Governments could easily acquire 10% of supply with their printing presses and control Bitcoin — but that’s not how it works.
Saylor can’t force protocol changes on Bitcoin. Even if
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