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Author Topic: Will be Bitcoin centralized?  (Read 1689 times)

Pelanavreo

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Re: Will be Bitcoin centralized?
« Reply #45 on: June 05, 2019, 05:31:11 PM »
There will be a setting of Bitcoin prices in the future if BTC is made centralized, many groups want Bitcoin, let's go back to the main destination, Satoshi Nakamoto.
Everyone can make transactions without regulating or third parties

Sandawer

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Re: Will be Bitcoin centralized?
« Reply #46 on: June 06, 2019, 12:29:00 PM »
I think that it won't be BTC if it will be centralized. That is impossible.

GardenBee

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Re: Will be Bitcoin centralized?
« Reply #47 on: June 06, 2019, 08:53:16 PM »
What do you actually mean by centralized?

tony_

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Re: Will be Bitcoin centralized?
« Reply #48 on: June 07, 2019, 08:52:19 AM »
I think that Bitcoin won't be centralized, it would be inconsistent with its basic assumptions

717

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Re: Will be Bitcoin centralized?
« Reply #49 on: June 08, 2019, 04:13:18 PM »
I think that Bitcoin won't be centralized, it would be inconsistent with its basic assumptions
You are right, bitcoin will still be decentralized, because it is indeed the initial goal of making bitcoin

tsakf

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Re: Will be Bitcoin centralized?
« Reply #50 on: June 11, 2019, 11:43:24 AM »
I think that Bitcoin won't be centralized, it would be inconsistent with its basic assumptions

It was designed, for everybody to mine. But technology evolved, and special chips were made, so only big investments, are made so, big mining farms were created, so mining, is now made by a small number of big farms. This leads to centralization.
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Heleon

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Re: Will be Bitcoin centralized?
« Reply #51 on: June 15, 2019, 04:32:40 AM »
The purpose of cryptocurrency and blochain is for decentralization, so i don't think bitcoin can be centralized for any reason at all.
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katemi

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Re: Will be Bitcoin centralized?
« Reply #52 on: June 15, 2019, 01:21:48 PM »
The purpose of cryptocurrency and blochain is for decentralization, so i don't think bitcoin can be centralized for any reason at all.
You are right, because every user really needs freedom in transacting, so that they are not regulated or comply with existing regulations

Bamzmeca

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Re: Will be Bitcoin centralized?
« Reply #53 on: June 16, 2019, 02:47:14 PM »
There will be a setting of Bitcoin prices in the future if BTC is made centralized, many groups want Bitcoin, let's go back to the main destination, Satoshi Nakamoto.
Everyone can make transactions without regulating or third parties
You are right, if bitcoin is set then prices will never fluctuate and maybe the price will never be as it is now. And surely investors will leave Bitcoin

GardenBee

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Re: Will be Bitcoin centralized?
« Reply #54 on: June 18, 2019, 12:01:12 AM »
The purpose of cryptocurrency and blochain is for decentralization, so i don't think bitcoin can be centralized for any reason at all.
I don't even know if it's technically possible to do that

 

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