Will Bitcoin be centralized?

[Domithra]

The technology behind Bitcoin which is decentralized cannot be changed. Bitcoin will forever remain decentralized. However, the exchanges and merchants involved in its operations may be regulated in order to check the transactions of Bitcoin that pass their platforms.

[Bica]

The technology behind Bitcoin which is decentralized cannot be changed. Bitcoin will forever remain decentralized. However, the exchanges and merchants involved in its operations may be regulated in order to check the transactions of Bitcoin that pass their platforms.

You can lose your anonymity by withdrawing funds from a cryptocurrency exchange offline or Paying with Bitcoins for purchases, specify the real delivery address.

[flyaccount]

If bitcoin can be controlled by the government, I think bitcoin can become centralized like Ripple. As we know, Ripple is an altcoin that gets support from banks and Ripple is a centralized type of coin. And maybe that's what will happen to bitcoin if bitcoin is regulated by the government.

[elbans89]

The technology behind Bitcoin which is decentralized cannot be changed. Bitcoin will forever remain decentralized. However, the exchanges and merchants involved in its operations may be regulated in order to check the transactions of Bitcoin that pass their platforms.

If the government accept and legalize bitcoin, I think Bitcoin will be centralized. It is my opinion.what about you?

[dominoes]

If bitcoin is forever decentralized then no chances at all to be centralized. It could be a waste of time to make bitcoin as centralized system.

[Black ID]

No, Bitcoin will never be centralized. Current Bitcoin and so on will remain decentralized and not controlled by anyone. And this is what makes most people interested in investing in Bitcoin.

[dekafee79]

The technology behind Bitcoin which is decentralized cannot be changed. Bitcoin will forever remain decentralized. However, the exchanges and merchants involved in its operations may be regulated in order to check the transactions of Bitcoin that pass their platforms.

I think It is possible. If the government legalize bitcoin and regulate the bitcoin , maybe bitcoin will be centralized.

[212]

The technology behind Bitcoin which is decentralized cannot be changed. Bitcoin will forever remain decentralized. However, the exchanges and merchants involved in its operations may be regulated in order to check the transactions of Bitcoin that pass their platforms.

I think It is possible. If the government legalize bitcoin and regulate the bitcoin , maybe bitcoin will be centralized.

It could have happened. but in my opinion, it will take quite a long time. given the Government will reconsider, reassess and must make regulations for bitcoin or crypto to be evenly spread out so there are no gaps.

[Dynamite]

I think it is possible one day bitcoin is centralized due to unstoppable changing from time to time the market flows. Change is the only thing that couldn't  be stop as everything change.

[simplex]

Bitcoin revolution has promised a new era of decentralized payments, where centralized banks/actors are unnecessary as middlemen. However, this promise is continuing to fade! Bitcoin ecosystem is now controlled by few large companies that are signing up thousands of users each day.

[glina]

Bitcoin revolution has promised a new era of decentralized payments, where centralized banks/actors are unnecessary as middlemen. However, this promise is continuing to fade! Bitcoin ecosystem is now controlled by few large companies that are signing up thousands of users each day. Let us try to understand why this is happening by looking at the history of an analogous decentralized protocol.

[MelchiZedek]

The main aim behind bitcoin is decentralization. And it is true that bitcoin may not be centralized but my question is has bitcoin achieved the level of decentralization it promises with these different aspects of bitcoin being centralized?

[kevinjulio]

I think the bitcoin will not be centered. It has become a hallmark of the bitcoin himself that there is no hoarding anyone and any specialized agency. give the regulation for bitcoin it probably will happen but not change of nature.

[Claus]

Due to how BTC was created and it being blockchain based, I don't think it can ever be centralised like the fiat currencies.

[Alpha]

Why not we conclude that it will be decentralized forever which we know that it is possible to be centralized as the market is not stable. Change is what we always facing. There is still possibility of centralized bitcoin.