Will Bitcoin become centralized sometime in the future?

[AleSergio]

To answer such question we need to understand a little bit more about blockchain technology, so we have a huge amount of cards all over the world and all the cards are working to mine bitcoin, so if we have a transaction - blocks goes through sme cards(which can be located in different places) and we have money transactions, like if we want bitcoin to be centralized we need to take all mining cards in one place, which is simply impossible, so it never happens.

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[CoonSoon]

Not the way a fiat is centralized, but I guess any government doesn't feel too much comfortable with stuff it cannot control. Considering the crypto market volume, they must be working hard on some ways to control it directly or indirectly.
Will it affect the value? It might depend on the type of "centralization," so it's too early to try to predict now, I guess.

[makenoise]

It is really hard to say but i think bitcoin will never become centralized in the future

[katarina007]

I hope bitcoin will become centralized soon and the government will accept bitcoin. as a result, bitcoin will become legal all over the world

[Tan_avia)vl.]

I think we're going to that. All you said is really the factors that cryptocurrency becomes centralized. This is bad, because then the phenomenon will not be massive, but elitist and again everything will be in several hands.

[Hkim21]

I think it will not happen, I think the decentralization bitcoin system will not be changed, because that's the purpose of creating a currency that the government can not control. The government must make its own digital currency if they wants to use the centralize system.

[axemelada]

In the near future, bitcoin will be centralized. Cryptocurrencies will not disappear just because centralized cryptocurrencies will have more power.

[SunriseSecret009]

Bitcoin invented in such a way that it can not be controlled fully that's why many countries and governments do not support it. But in future it may be centralized.

[TetraSquad50]

If bitcoin will centralized, then anyone can control or hack it. Bitcoin in invented in way that no one can control it but it has some security protocol so that it will run successfully.

[HitMarshall67]

I think it is impossible to centralize bitcoin. Bitcoin and centralization is opposite to one another.

[WhiteCrown57]

Centralization will be very tough for bitcoin but the user of bitcoin is getting higher every day, some steps should be taken to ensure its security.

[BlueSteel54]

It will be very hard to centralize bitcoin in future because if centralized the core purpose of inventing Bitcoin will be violated.

[astrong]

I think it is impossible to centralize bitcoin. Bitcoin and centralization is opposite to one another.

Yes you are right, purpose of the bitcoin to be created is to avoid centralizing system of payments. But I think bitcoin can be centralized if we look at the system. If you ever hear about 51% attack, it is possible right? Someday if peope who mining bitcoin is decrease, another miner will try to have control over it.

[bits4books]

 I don't think so. It can create many manipulation with surprise and there limits of it. I like Bitcoin, because it is decentralised system and nobody can make any effect on it.

[amber deposit]

Bitcoins and other crypto-currencies are private and open systems. Their ideology is that anyone can become an issuing center. Classical monetary mechanisms, on the contrary, are centralized: central banks are responsible for the issue. I believe that the philosophy of centralized systems in the near future will not go anywhere. Another thing is that these systems can switch to block-based technology for distributed data storage.

[Dmitry.Vastov]

As Bitcoin mining is partially controlled by Chinese miners, I have a feeling that sometime in the near future, Bitcoin can become centralized if no solution against this is proposed.

If BTC could manage to bring a solution towards mining centralization by preventing mining pools with the most hashrate to effectively gain control of the network, then it would aim to become more decentralized over the years.
 
As mining difficulty increases and new ASIC hardware gets developed, it would make it less possible for any average user to mine Bitcoin, thus making it more centralized each day.

Nevertheless, I would like to know your opinion about this, as if BTC becomes centralized, it might cause it to decrease in value, and most of all, violate the principles that it was created for. 

As we all know that bitcoin is a very popular crypto currency now a days and now more and more people and moreover the countries has now understanding the fate and potential of bitcoin and legalising its transactions in their nation and now there are countries like Brazil 🇧🇷, South Korea 🇰🇷, Germany 🇩🇪, japan 🇯🇵 and many large countries has legalised bitcoin, so no doubt bitcoin is making a tremendous progress and I too believe that in the coming future bitcoin will get centralised world wide.

[Saare Petros]

I find that most bitcoin diggers are in China. If no measures are taken to intervene, the possibility of bitcoin will be controlled by China

[hubballi]

I find that most bitcoin diggers are in China. If no measures are taken to intervene, the possibility of bitcoin will be controlled by China

What you're talking is a old story of bitcoin if you check the latest update then you I'll come to known that China is no more leading in bitcoin but Japan and Korea have taken over it and in coming days they are also going to take over in mining Also.

[Andreas Nussbaum]

In theory, bitcoin can not be controlled. However, if an organization controls more than 50% of bitcoin diggers around the world, it can reverse the transaction history. This is extremely dangerous.

[Antoinette Scott]

If any unit holds more than 51% of the power of the excavator, the transaction will be altered, causing a delay in the bitcoin trading. The crisis is extremely severe