Bitcoin’s Libertarian Promise Remains Strong
Bitcoin was built with libertarian values at its core. Unlike fiat currencies, it is not controlled by any single entity or central bank.
Governments can print unlimited money, manipulate interest rates, and devalue currencies. Bitcoin offers a scarce, deflationary alternative that resists these interventions.
Fiat mismanagement has caused historical collapses. From Rome’s debasement to Zimbabwe’s hyperinflation, the lesson is clear: uncontrolled monetary policy can destroy economies.
Institutions and Governments Are Buying Bitcoin
Institutional and sovereign interest in bitcoin has exploded. ETFs launched in early 2024 have drawn in billions. Countries like El Salvador have added it to their national treasuries.
The U.S. is exploring a Strategic Bitcoin Reserve, and firms like Strategy (formerly MicroStrategy) now hold over 2.7% of all bitcoin.
Some long-time bitcoiners fear this rising institutional involvement. They argue it undermines bitcoin’s decentralized ethos. But is that fear justified?
Decentralization Isn’t About Who Holds Bitcoin
Mike Cohen, CEO of Pow.re, disagrees with the alarmists. “Who holds the bitcoin isn’t the decentralization risk,” he states.
Whether someone holds 0.1 or 100,000 bitcoins, the rules are the same. The network treats all equally. That’s a core strength — not a flaw.
Even massive holders like Michael Saylor can’t change the protocol, freeze funds, or alter transactions. This contrasts sharply with fiat systems.
Institutions Can Actually Strengthen the Bitcoin Network
While some worry about institutional power, others — like Cohen — see it as positive.
“If sovereign wealth funds push the number up, it benefits everyone,” Cohen adds. Bitcoin‘s fixed supply means new demand raises value for all holders.
Although more people owning bitcoin would align with its original spirit, higher adoption and price stability are real wins.
The Real Danger Lies in Mining Centralization
Cohen warns that bitcoin mining centralization is a much bigger threat than institutional investment.
If too much hash power is controlled by a single group, the network risks a 51% attack. That could allow transaction censorship or double spending.
Even without full control, large mining pools could pressure smaller players, undermining the network’s neutrality and fairness.
Decentralized mining is essential to keep bitcoin secure and censorship-resistant.
Pow.re’s Bold Move to Safeguard Bitcoin’s Future
To address these risks, Pow.re is merging with Swiss firm Block Green AG. Their combined strengths create a bitcoin-native credit infrastructure platform.
This move blends sustainable mining with innovative tools like lending, hedging, and revenue streaming.
Backed by Peter Thiel’s Founders Fund, the new platform will offer miners liquidity based on future rewards, while supporting decentralized hash distribution.
It’s a first-of-its-kind initiative that merges mining infrastructure with financial utility — all native to bitcoin.
Bitcoin Needs Both Growth and Vigilance
Bitcoin’s evolution includes new stakeholders: ETFs, institutions, sovereign funds. This growth isn’t inherently bad — it’s necessary for mass adoption.
But decentralization must be preserved. The community must stay vigilant about mining concentration, even as mainstream interest surges.
Bitcoin thrives not just because it’s scarce or digital, but because no one controls it. Keeping it that way is the real mission.