Crypto oligopoly: free crypto can become a new tool of monetary control, but it will be managed by those who have already claimed a place.

I look at all this hype around the "bitcoinists and trumpists in power” in the US and I have mixed feelings.

On the one hand, yes, it is interesting to see how crypto, which was once a symbol of anarchy and freedom, will finally be in the center of attention of big political players. On the other hand, let's be honest, there is something to think about.

Power and market are dirty things, and crypto has become a tasty morsel over time. And this morsel should go to as few people as possible.

Trump, a man who spent most of his life in business, understands one simple truth — there should be as few competitors as possible. The fewer free players on the market, the easier it is for you to dictate the rules yourself.

What does this mean for the crypto business? It's simple. There will be a delivery of cryptograndmas to the right doors. And it doesn't matter whether these doors lead to the oval office or you just have to go through a chain of "those close to power". Miners are the first in line to be squeezed.

Miners can be squeezed through energy consumption, taxes, licensing hassles. Any method is good to twist their arms and leave only "their own" afloat.

And what then? The crypto market, which has always seemed like the "Wild West", will become a new puppet theater. Crypto oligopolies are no longer dreams, but a reality looming on the horizon. I doubt that small players will survive in this market. They will be eaten by big fish, for whom their own script will be written.

This, of course, does not mean that it's all over. But it is naive to think that the market will finally breathe a sigh of relief. And it seems to me that even more will happen to this crypto when the authorities start to act more harshly.

#btc #bitcoin #trump #cryptocurrency #usa