All crypto-currencies actually stop being decentralized as they develop. I am amazed by the position of "great" experts who shout at every corner about the decentralization of Bitcoin and other crypto-currencies.
Is their level of qualification so low or they deliberately mislead people? The illusion of decentralization, or free cheese in a mousetrap? I'm sure Bitcoin in a few years will be an ordinary bank on blockchain where all the emission and control will be in one hands. And in hands of Chinese)
Any expert talks about this? Any expert warns about this? All the crypto-currencies - pow or pos - as they develop become centrist. In POW - someone has more iron and capacity, in POS - someone has more balance. The main is that the emission of new coins is made in such a way that nothing remains from decentralization in the end, s. It's only a matter of time.
Or are there other opinions??
I say do something about it then. Become part of the movement. While China has every little finger in every little pie in the crypto world I do not see it becoming a central bank or entity. The network is what is truly distributed run by people all over the world to ensure the security of the network.
Bitcoin is only strong when more people becoming involved and help to make it so that stays decentral forever.
If you think about it China has just suffered the loss of many of there crypto exchange platforms so for them to become the number 1 place for crypto has taken a hit in recent time and shows that even though bitcoin may not be something they can shut down as easly as they can the exchanges the service the bitcoin users.
