Solana Co-Founder Anatoly Yakovenko Says Bitcoin’s Resilience Holds Strong Despite Centralization Fears, State-Sponsored Threats
On the episode of the All In podcast last week, Solana (CRYPTO: SOL) co-founder Anatoly Yakovenko explained why Bitcoin (CRYPTO: BTC) remains secure and resilient even as large holders concentrate wealth and state-sponsored attacks loom.
Bitcoin’s Centralization Concerns Won’t Break The Network
Host Jason Calacanis raised concerns about centralization, noting that companies like MicroStrategy hold significant portions of Bitcoin. “Does that worry you, the centralization of Bitcoin?” he asked.
Yakovenko responded, “Bitcoin is resilient to these entities collapsing. It’ll survive, and all the properties of Bitcoin that people value will remain through that transition. If you really value Bitcoin, you should see that as an opportunity to own more of it.”
State-Sponsored Attacks Highlight Need For Property Rights, Privacy
When asked about potential state-sponsored attacks targeting large holders, Yakovenko emphasized property rights and privacy. “We should really have strong opinions about property rights and how important they are,” he said.
“Privacy is a right. Somebody should be able to control that, but defending the right to own Bitcoin is foundational to wealth creation.”
Chamath Palihapitiya added, …
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