Bitcoin Forum

How can controls a decentralized system? Is it safe for our future? How can make sure that all on the right track if no board controls it; even though we know that it could be more complicated and have a probability of chaos. May a government do this part to push 'unnecessary' of crypto?

A decentralized system is the way to secure our future in order to remove power from the hands of the few and give it to the man. That was the point of the creation of bitcoin in first place.

Thats the beauty of it, it doesn't need anyone to control it. It is completely relying on the public ledgers, they make the decisions and they are investing on it. The crypto enthusiast are making development on mega scale and ICO are bringing all new opportunities in the field of crypto currency. Its not like that there is no controlling board but its all about the groups and their volunteer contribution the economy of the bitcoin and its development. Government would be there to destroy it because they are governing body and they cant tolerate something like non-governing crypto currency.

A perfectly decentralized system of economy and governance is far-fetched. There will always be pockets of abuse, it's not the fault of decentralization but of human nature. BTC could be so much more than what it is today but is hindered by self-interested participants.