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RE: 10 years ago, Satoshi Nakamoto announces Bitcoin. "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." (Oct 31st 2008) [Promoted]

in #bitcoin • 6 years ago

Its to bad Bitcoin was supposed to be decentralized and has turned into one of the most centralized coins, the development and mining are controlled by a handful of people

6 years ago in #bitcoin by
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     6 years ago  

    It is being controlled by the so called early adopters.

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     6 years ago  

    Huh?
    Bitcoin is the most decentralized out of all coins...
    Mining pools don't equal miners. Mining is also free market. Of course it slowly condense but miners don't control it. All system have to condense att one point but in Bitcoin mining condensation doesn't hurt it.
    Bitcoin mining is just one part of the control system. Users/holders,Devs,LN nodes,Buiness are all other parties that keep bitcoin in check. And how in the world is bitcoin dev centralized? Anyone can join. The only reason why "few" people code is the same reason as any other system. Not everyone can code. And no Blockstream doesn't control Bitcoin either.

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     6 years ago  

    alguien tiene que tener el control porque tu no lanzar algo al mercado si no te asegurar que vas obtener el control y la gananacias

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     6 years ago  

    I agree. Looks like it is controlled by some group.

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     6 years ago  

    I agree. Looks like it is controlled by some group.

    Posted using Partiko Android