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Author Topic: Will be Bitcoin centralized?  (Read 1428 times)

Gita99

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Re: Will be Bitcoin centralized?
« Reply #30 on: April 03, 2019, 08:44:08 AM »
I think it will definitely work, and we just need to be patient for it all.

termion

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Re: Will be Bitcoin centralized?
« Reply #31 on: April 04, 2019, 12:20:10 AM »
Is bitcoin centralized?  In my opinion, yes.  It all depends on the will of the manipulators, unfortunately.  If they want to - they can make a bear market.  Or vice versa - bullish.

jenica

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Re: Will be Bitcoin centralized?
« Reply #32 on: April 04, 2019, 05:48:56 AM »
I think it will definitely work, and we just need to be patient for it all.
Indeed, being patient to wait for maximum results is very necessary. Because the price that we cannot be sure is right

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Jan_Vl

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Re: Will be Bitcoin centralized?
« Reply #33 on: April 04, 2019, 08:59:22 AM »
The idea was to create something decentralized, why to centralize Bitcoin. Bitcoin can be regulated only

Heleon

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Re: Will be Bitcoin centralized?
« Reply #34 on: May 14, 2019, 04:45:04 PM »
The reason for blockchain technology and cryptocurrency in the first place is to have a decentralized system, Bitcoin can never be centralized as long as is based on blockchain technology.
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Bamzmeca

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Re: Will be Bitcoin centralized?
« Reply #35 on: May 14, 2019, 04:50:44 PM »
The idea was to create something decentralized, why to centralize Bitcoin. Bitcoin can be regulated only
Bitcoin can be set? Who set up, I think bitcoin can not be governed by anyone after login blockchain, while the makers not can set, change or delete. So it can be said bitcoin it desentralilasi

tsakf

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Re: Will be Bitcoin centralized?
« Reply #36 on: May 15, 2019, 09:37:28 AM »
The Lightning network, with open channels, that helps for off-chain transactions, will help Bitcoin to evolve, and increase decentralization. With Lightning network, any participant in the network, can open a channel, and let transactions pass through their channel. This means, that many transactions, can be done, without the involvement of miners.
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OluwaTosin10

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Re: Will be Bitcoin centralized?
« Reply #37 on: May 16, 2019, 09:02:37 AM »
I do not see bitcoin being centralized
It will remove the freedom attached to the decentralized one; bitcoin cannot be coordinated by a center body.

Understand that

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vanjava

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Re: Will be Bitcoin centralized?
« Reply #38 on: May 30, 2019, 02:08:35 PM »
I think bitcoin cannot be centralized in the future, because the characteristics of bitcoin are decentralized. bitcoin works and circulates in the digital world independently and it is one bit that is bitcoin itself.
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josephabad23

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Re: Will be Bitcoin centralized?
« Reply #39 on: May 30, 2019, 02:27:13 PM »
As per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.

SO do you all think bitcoin can be centralized ?
Not gonna happen, satoshi nakamoto invented bitcoin for decentralization and transparency and that will not change. But the problem is governments or some institutions inventing stable coins or other coins that are centralized.

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Jeffbrad

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Re: Will be Bitcoin centralized?
« Reply #40 on: June 03, 2019, 02:30:51 AM »
I think bitcoin cannot be centralized in the future, because the characteristics of bitcoin are decentralized. bitcoin works and circulates in the digital world independently and it is one bit that is bitcoin itself.
that's indeed satoshi has already built bitcoin to be decentralized but in some aspects and have you seen what already happened with some POW coins that being centralized?
It's not characteristic but there was a possibility when some party like blockstream or another party to create a mistake with btc protocol.
I prefer the bitcoin will remain the same. But for me what best thing to watch just like hybrid consensuses like what already used by some coins like decred, veil and many more.

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Re: Will be Bitcoin centralized?
« Reply #41 on: June 03, 2019, 08:57:49 AM »
" they unable to track the sender and receiver." - not true.... BTC is not private in any way - if you research a bit you'll see what I mean
governments will probably accept it and start charging taxes over it... a lot of insitutions have been gathering BTC (public knowledge)

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Re: Will be Bitcoin centralized?
« Reply #42 on: June 03, 2019, 09:27:14 AM »
Not gonna happen, satoshi nakamoto invented bitcoin for decentralization and transparency and that will not change. But the problem is governments or some institutions inventing stable coins or other coins that are centralized.

It is true, Satoshi set the Bitcoin for decentralization, pseudonymous, and anonymity for the owners. As long as it can hold the Principles of Bitcoin, it will survive even if there is a problem from the government.

Ghanda

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Re: Will be Bitcoin centralized?
« Reply #43 on: June 04, 2019, 02:28:57 PM »
I don't think so and that is imposible if bitcoin will be centralized. But We cannot predict what will be happend in the future.

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Re: Will be Bitcoin centralized?
« Reply #44 on: June 04, 2019, 11:48:50 PM »
No, it can not and will not be centralized. Ofcourse gonvernments worldwide will do their utmost best to regulat Bitcoin and other cryptocurrency tokens, but Bitcoin itself will not be centralized.
« Last Edit: June 04, 2019, 11:50:27 PM by Obiwankenodium »
         
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