That is not true at all. Bitcoin is not PoS. It is PoW.
Shallow answer as expected. Large holders control the governance because they have the option to sell if they don't like what's happening. It becomes PoS if it's not well distributed.
No, that is not true at all. Large holders could sell. That might bring down the price of they dumped it all for cash. Kind of an absurd idea though. They would do it for those reasons
