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Lyn Alden, founder and CEO of Lyn Alden Investment Strategy, argues that entities should not be blamed for purchasing significant amounts of bitcoin.
Alden adds that if bitcoin's survival depends on preventing large buyers, its long-term viability would already be in question.
In previous commentary, Alden argued that claims Bitcoin could be destroyed by a group acquiring 4 percent of the supply are implausible, citing concerns about network resilience in those scenarios here. She has also observed that institutional investors focus more on quantum risk and distractions from AI when evaluating Bitcoin rather than protocol-level ownership issues here. These points highlight ongoing debates about potential risks to the cryptocurrency.