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The essence of cryptocurrency, led by Bitcoin, is its promise of decentralization, free from the grip of central entities like governments and banks. However, the increasing Bitcoin reserves of the US and China raise concerns over this foundational principle. With the US Department of Justice (DOJ) holding over 200k Bitcoin and China closely following, the specter of centralization looms extensive, potentially influencing regulations and the nature of Bitcoin's decentralized ethos.

April 6, 2024 11:25 AM
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