I think this is the point that gets missed in arguments about state actors being involved. That doesn't matter, what matters is that very few people (e.g. miners, exchanges, whales, etc) can determine very large outcomes for cryptocurrencies, with no way to avoid them.

>Probably that it’s very centralized. Or at least that the price is able to be highly influenced by a few individuals/groups.

The article and the parent comment are about Ordinals. Your comment appears to be an opinion about Bitcoin the asset and/or network itself.