If Bitcoin becomes centralized to just a few American companies, then what’s the point?

Like why would I want America to start a huge Bitcoin reserve? Or for Microstrategy and Blackrock to just keep buying more and more BTC?

I feel like the purpose of crypto is dying. I feel like crypto had potential to be the largest transfer of wealth between generations and classes of all time, but it’s become just another playground for the ultra-wealthy. It’s no different from any other asset none of us can afford.

It’s like when your mom finds out what a slang word means and then starts saying it too much and it stops being cool.