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Comment on Bitcoin passes $120k milestone as US Congress readies for 'crypto week'parent

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Agreed, by and large. Furthermore, Nakamoto wanted to disintermediate intermediaries.

Instead, now we have many centralised exchanges, centralised stablecoin issuers, centralised custodians, centralised miners, etc. So many additional intermediaries, providing so little value. Remarkable.

Exactly. Like I said in another comment, the system was supposed to be decentralised and fair, but fast forward 15 years, and it's still the same players with the most power end up with the advantage.

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