will be Bitcoin centralized ?

[sicnarfkswiss]

as per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.

so do you all think bitcoin can be centralized ? can be do ?

It will never happen I guess,, there were lot of requirements to be centralized. being anonymous doesn't make bitcoin centralize, It will remain decentralize .

[shahzadafzal]

as per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.

so do you all think bitcoin can be centralized ? can be do ?

As per your question short answer is "Yes". Governments will definitely try to centralize it as much as possible.

Now the next question is will they be successful? Answer is no.. never..!!!

Internet is one of the example, no matter how much goverments try to control its always expanding. Dark web, deep web will always be out reach of goverment.

Same goes to Bitcoin, Bitcoin can be centralized in terms putting strong checks on exchanges and huge penalties to companies who don't comply to the procedures if they introduce any. In this case it can managed. Yes total number of supply can't be changed any way but circulation or daily volume they can be.. process is lengthy but can be done.  

Now comes the developer!! if govt. 100% control Bitcion next day you will see alternative Bitcoin will popup. It doesn't mean other crypto currency but Bitcoin with another name. So this cat and mouse game will go forever.

[Addywealth]

as per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.

so do you all think bitcoin can be centralized ? can be do ?

At this point where countries are banning bitcoin almost daily I will suggest that bitcoin should be centralized. This will help to get accepted by everyone and give security to existing and prospectus investors. It will also reduce bitcoin fraud and money laundry.

[ellabanana]

It can be centralized, but it would contradict the goal of cryptocurrency. It is the unique characteristic of Bitcoin so it can't be taken away from it. If the government will banned for not being able to control it, then we should fight for it. We don't want to be controlled in everything we do.

[Bervelukan]

I do not think bitcoin will be centered because it is also for the reason of the government as well as the unstable bitcoin price for a currency in government.

[boboking]

A decentralized bitcoin will never happen. I think this is one of the possible reason why the creator of bitcoin Satoshi did not and will not reveal himself, because of government will ask him to tweak the technology.
Since it can never be done government will do some regulation.

Also i have heard a news that SEC of the US subpoena 80 crypto currency companies.

https://www.ccn.com/sec-subpoenas-80-cryptocurrency-firms-including-techcrunch-fund/

[Xzhyte]

It will not, bitcoin's most presious feature is being decentralized and it's one of the main reason why it became so popular because it gives freedom from third party institutions and extra fees. If there's a coin that will be centralized, it will not be bitcoin.

[LindaFallar]

Well, I think its very difficult to centralized "Bitcoin". The government is one of the hindrance  for that. And the value of Bitcoin is not also in its fixed rate/value.

[Habaek08]

Sometimes i wonder if the bitcoin will centralized in the future. I'm still a newbie here in this platform. So in my opinion i guess it does. It will centralized soon. Because of many people nowadays tends or curious about bitcoin  i think government will begin to plan or make an action about centralizing in this platform.

[h0lybyte]

Bitcoin is highly anonnymous non-government currency itself, no body can control it under his dominance even not governments. The central authoritatives can only imply laws on it like some contries have already implemente tax and other verification requirements before you exchange bitcoin,

[newguy05]

Centralized Bitcoin; technically means you have to go through one party, you can not avoid that 'Party'. Due to its distributed nature, if mining was centralising it would probably never be mentioned.

[ylnar123]

as per governments view, they never accept decentralized bitcoin. the major reason is they unable to track the sender and receiver. smuggling and black money can send anywhere without third party knowledge.

so do you all think bitcoin can be centralized ? can be do ?

I believe bitcoin will remain decentralized because from the start of blockchain technology, bitcoin remains untarnished with the trials of time. Though there are ways to trace the sender and the receiver through regulations of wallets to avoid crimes with regards to cryptocurrency. Bitcoin will never be changed to centralized due to decentralization makes it successful and when it comes to security there is no guarantee that crime is possible in a decentralized blockchain.

[GoldAura17]

I do not think it can be centralized. He was specifically created to be decentralized.

[Techie5879]

I don't see how or why that will be happening, as bitcoin was made to be decentralized, with a peer to peer validation structure so that power, actually, control of the said currency, doesn't get stuck into the hands of a single source. It is for the people, and though banks would love to try and centralize the bitcoin, it would not happen as atleast 51% of the nodes need to support moving over to a different blockchain, and that would never happen in the case of bitcoin, the community is too loyal, so I donot see bitcoin being centralized anywhere in the near future.

[Payapa]

Escrow's the key my friend if they want to track like every transaction. But, as for centralizing bitcoin, that's one thing that most probably wouldn't happen due to its nature. Face it, even in Nakamoto's White Paper on Bitcoin, it aims to be decentralized, so even if the government might have a reason they cannot implement bitcoin since they can't get their hands on it and centralize it, as long as it stays as it is, it'll never be centralized. Also, if they wanna centralize it, they have to centralize the blockchain too, which is too massive to contain.

[coinbitw]

No, everyone doesn't want that to happen because it will be an disadvantage/destruction of Bitcoin's digital transaction/operation. If it will be centralized, it is a danger to everyone having bitcoins, future of Bitcoin will gone if that happens.

[Cryptosaphire18]

No, everyone doesn't want that to happen because it will be an disadvantage/destruction of Bitcoin's digital transaction/operation. If it will be centralized, it is a danger to everyone having bitcoins, future of Bitcoin will gone if that happens.

That may seem unthinkable right now, gradually developers start to accept as given that bitcoin needs inflation in order for it to operate based on hypotheticals, extrapolations, and mere opinions.There are technical issues that need discussing, tests to be made and so on. And i think if its for a government it will be centralized.It’s only security-through-obscurity that keeps it allegedly “decentralized” in eyes of the public.You can’t change the consensus itself   there’s no in-protocol on-chain governance.

[Morjana17]

As I observed it will centralize and consolidated by the head to manage the advantages and disadvantages of every posting that bitcoiner will do and that is for the good of bitcoin society too. We don't have to be worry because in that situation it will manage well and we can accept updates from the organization that can be lead for us to be united.

[sirenmoon]

That was the main reason why developer created the bitcoin and why other crypto assets came out. They want a decentralized payment through the technology of blockhain. They don want to be know, if you choose to be anonymose and hide your identity and dont want government choose the payment of bitcoin or crypto currency

Centralized Bitcoin will never exist. Government is pressuring the crypto market and the developers because they cannot control the money flow. There are some of the centralized coins that are appearing on the market and that are supported by the banks because banks are wanting a piece of the big cake but the Bitcoin as such is not intended to operate in the system as a centralized currency. It is meant to be independent and free from the claws of the centralizations and the politicians which are hungry for the control. This crypto trend made a mighty blow to all governments in the start but now although they cannot change it to centralized, they are starting the accept the current changes that are being made because of the expanding of the crypto market.

[mersal]

Bitcoin is already made so no one can change the property of bitcoin if the government want they can create an centralized crypto currencies but bitcoin is already popular all over the world so people love using an decentralized technology than a centralized one.But government can track they system by implementation of regulation on their countries.