Does Bitcoin need to be centralized before reaching its full potentials?

[Domithra]

Bitcoin does not need to be centralized before it can reach its full potential. The power of Bitcoin reaching its potential lies in the hands of the people and not any central authority body. The governments can only alleviate the FUD it has created in some people by announcing the legitimacy of Bitcoin after a number of checks have been implemented on our various exchange sites to check KYC and AML.

[CryptoZenWorld]

Yes, you are right. As Bitcoin is made by blockchain technology, so, bitcoin is in the decentralized platform. People are using it because of this power. So, i also don't think that it needs to be centralized.

[Telapakmejo2]

Does Bitcoin need to be centralized before reaching its full potentials? it is very necessary once the bitcoin will be more reliable, more stable is more ideal

[Tukupit2aku]

Does Bitcoin need to be centralized before reaching its full potentials? If I think it is necessary once so bitcoin will be more successful in believing by the community

[marcsymons]

If we want Bitcoin will supersede the fiat and become the world currency as center of direct spending then its need for Bitcoin to be centralized platform so that the people will just oblige to follow the Bitcoin common law of the government ass too much freedom as decentralized platform is really dangerous.

[vegasus]

Very unnecessary. Bitcoin is a coin that Decentralization is not Centralized, therefore determining the price of Bitcoin is in the hands of its users and investors. It can't be controlled by a company or a bank or a government, it can't. Bitcoin is still a decentralized Bitcoin, it cannot be changed to Centralization, Let Bitcoin run on its own.

[fishbone]

For me,Bitcoin should be change from decentralized to centralized because this coin is now performing well in the crypto market.The disadvantage of it if this will be centralized is that the government will now have the power to control the price value and the usage of it.

[Warung_lontong]

I think bitcoin will not be centralized, because we know for ourselves that bitcoin is fully held by the community trade, and bitcoin will always be progressing and developing.

[Bit]

Yes, I think the same with you. Bitcoin should be not centralized, It doesn't need it to reach the potential in crypto world. I believe with decentralized way, bitcoin can have more chance to maximize its potential.

[Chomzzy]

Take away the decentralized structure from Bitcoin and you would have succeeded in defeating the major purpose for Bitcoin.
Although I believe that centralized Bitcoin structure could push Bitcoin into hitting it's full potential but it's not feasible.

[Ta.Form]

yes you are right, Let the true nature of Bitcoin run by itself because it determines the full potential to be achieved or not it is determined by the users and fans of Bitcoin and not the government or other organizations.