Microstrategy Bitcoin purchase divides the crypto community

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Microstrategy Bitcoin purchase divides the crypto community
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A community member called MicroStrategy chairman Michael Saylor a rock star whose mission is to bank the unbanked.

However, not everyone is overly enthusiastic about the company’s crypto shopping. SomeIn a back-and-forth conversation on Twitter, Bitcoin analysts Willy Woo and Dan Held shared their thoughts on MicroStrategy’s purchase. According to Woo, Bitcoiners should not be happy when the company adds more BTC to its holdings. The analystthat MicroStrategy accumulating more Bitcoin poses risks of centralization because the company's decision-making is centralized.

In a counter-argument, Held said there would be no risks of centralization because ownership does not equate to network control. The analyst that there’s no way to control who buys Bitcoin and that people or firms can buy as much BTC as they want.

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