November 12, 20261 min read0 views

Simon Dixon Says He Would Sell Bitcoin (BTC) if Any Core Feature Is Questioned

Simon Dixon, CEO and co-founder of BnkToTheFuture, said he would sell his entire Bitcoin (BTC) position for gold if any one of the asset’s three core features were called into question.

Dixon named self-custody, peer-to-peer transactions without a government intermediary and Bitcoin’s fixed supply of 21 million coins. He said Bitcoin has provided those features since 2011 and…

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Simon Dixon, CEO and co-founder of BnkToTheFuture, said he would sell his entire Bitcoin (BTC) position for gold if any one of the asset’s three core features were called into question.

Dixon named self-custody, peer-to-peer transactions without a government intermediary and Bitcoin’s fixed supply of 21 million coins. He said Bitcoin has provided those features since 2011 and views its supply limit as a hedge against long-term debasement.

Dixon’s concern is that institutional adoption could bring greater centralization. He described adoption as moving at a pace without precedent and warned that custodians, Wall Street-owned miners and treasury companies could centralize the network.