I know, they buy then they ask why they are buying. Come on man, this is your money we're talking about!!
You can't read English? I said I don't need to believe or feel but I presented the points of the article for feedback because I would like to better understand the arguments for and against. You're the one throwing nonsense into a simple inquiry. And if a traders forum isn't the best avenue for such inquiry then what is? At this point, I hear no-one dispute point #3, which ought to be of great concern. Even point #4 is concerning to me.
3) https://bitnodes.io/ 4) https://news.bitcoin.com/analysis-s...but-btc-ownership-is-not-highly-concentrated/
3. A meaningful article was written early April 2021 in https://www.nature.com/articles/s41467-021-22256-3 Mining pool distributions of Bitcoin blockchain:
So what? The math on a 50% attack of BTC is wildly unlikely for a number of reason and what would be the point, really? If a 51% attack actually succeeded, the price of BTC would plummet to zero as investors panicked and shorts piled in to drive it down. What mining cartel would benefit from that? (I guess if they were net short by a wide margin, they could make a big payday.)
It doesn't matter, you already bought without knowing 100% what you're buying and expect unknown sources on the internet to do your dirty work because you are too lazy to do your own research. It's not our fault you bought!
So you just answered your "so what?".. and from a geopolitical perspective, China's ability to shut down Bitcoin could have a serious impact on the world's economy.
China cannot shut down bitcoin even if they shutdown all the Chinese bitcoin mining farms, you do know that, right?
The article says 50%, which is substantial and could have a devastating effect on BTC, especially if they work something out with the Russians and Iran who would me more than happy to go nuclear on America. Again, I'm not trying to sow hatred, but rather to get a better foundational understanding of Bitcoin's future from less of a technical aspect.