I agree that the concentration in mining pools and the influence around Core development are centralizing pressures worth watching.
When I used the word “captured” in the podcast, I was speaking specifically about Bitcoin’s financialization. I actually compare Bitcoin in the podcast to the marrying maiden who meets the groom, enters the palace, and then realizes she is not the only concubine. Suddenly she has to ask herself, why did I marry the lord in the first place?
Bitcoin came in with a very Uranian impulse: sovereignty, decentralization, freedom from intermediaries, and a complete rethinking of money. Then we all wanted adoption, liquidity, and price to go up, and with that came ETFs, derivatives, futures, custodians, and institutional structures that tie Bitcoin more and more to the financial system it originally challenged.
That is the tension I see in Saturn in Virgo opposite Uranus in Pisces. The revolutionary impulse gets organized, packaged, managed, and absorbed into existing structures of value. And now the original question comes back: what was Bitcoin actually for? Sovereignty. Direct ownership. Freedom.
Maybe this next period is asking us to remember why we entered the palace at all.
monikaco / Monikaco ⚡️BЯΛVӨ MӨПIKΛ 💥
npub1dx…t87rc
2026-08-11 23:02:47 UTC
in reply to nevent1q…pvuz
Author Public Key
npub1dxrhmnzk34sk7wfewvejsqz6hejkesdugwwp4zr7k006uulu9zmq6t87rcSeen on
wss://premium.primal.netPublished at
2026-08-11 23:02:47 UTCEvent JSON
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