But unfortunately, it isn't resistant to private control. The richest private companies could quite easily monopolise mining as Bitmain is already starting to do. Sometimes, decentralisation can just mean centralisation in an equally corrupt private sector - mining needs to nearly as accessible as spending with Bitcoin, otherwise there will never be a diverse collection of companies which make the industry decentralised.
It is wait a while... Wha's happening now is all been done.
Bitcoin can work as a golden standard in the soon coming time fiat money fails....