will be Bitcoin centralized ?

[yansen]

the original bitcoin can't be centralized. because Bitcoin is circulating without a third party. so that nobody controls it. but the government can use bitcoin (Blockchain) technology to make centralized crypto currencies. maybe the government can make rules about bitcoin, but it can't regulate the circulation of bitcoin in the country.

[1714712524]

1714712524

[1714712524]

1714712524

[1714712524]

1714712524

[Bitcoinislife09]

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 it won't be possible. Since the creator himself or themselves are anonymous, it is reasonable that they will create a system with the same feature. I guess as long as they do not reveal themselves, anonymous accounts will continue to be use. People should think that bitcoin is a invention that shows continuous development in the economy. In my opinion it should not compete with systems already centralized since bitcoin is still growing.

[AAfunctionaluppityF]

No it won't, never!
This because Bitcoin is decentralized from the start, and it won't be centralized ever! A lot of banks are currently interested into BTC but as investors, not as "controllers", so we're safe. Price manipulation is another thing.

[xanaxxx]

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 ?

you got it completely wrong. There are already governments regulating cryptocurrencies as they're, making them totally legal. Please triple check before posting this kind of posts. Thanks

[osasshem]

Bitcoin cannot be centralized, cause the day it becomes centralized, the use of bitcoin will not be important to the core anymore. Every true bitcoin/crypto currency lovers likes it to be decentralized, cause we don't need the government to interfare with its use. If bitcoin is banned to be used as a currency/coin, there will still be users of bitcoin all round the world through the use of internet.

[leonarda]

No, this will never happen. It is completely against fundamentals of bitcoins.

[bitterdog]

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 think we have to remember again that the initial goal of creating bitcoin and the other coin is to make an alternative of payments system that can minimalizing or eben replacing the existing decentralized system that often make us loss our money, time, and effectiveness. If bitcoin become centralized, i just don't understand the system behind it anymore. So, i hope bitcoin will stay decentralized.

[Carlos Caprio]

maybe because many people do bitcoin and for that people will recognize the centralize of bitcoin, people using that for maintain of our economy, but lose idealism, was bitcoin centralized

My opinion is not possible, because bitcoin is becoming popular as it is now because it is decentralized and anonymous. So if you want to be controlled, the government must make regulations so that each transaction can be monitored, because in addition to avoiding illegal transactions, the government wants to get taxes. If this happens, bitcoin will be the same as fiat money.

[yetiripper]

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 don't think that this is possible because initially bitcoin was developed and created to be decentralized system of payment methods and it is silly to make it centralised, is like turning black to white.

[Dmitry.Vastov]

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 ?

Well I feel yes and I am also sure for one thing that the time is very soon about to come or say with in a decade or more when bitcoin is going to legalise world wide and will get centralised globally, as we know that bitcoin is still so popular, successful and very sustainable crypto currency and there are even many countries who has legalised bitcoin like Brazil 🇧🇷, japan 🇯🇵, South Korea 🇰🇷 and many big companies has also started accepting bitcoin so I have gut feeling that it will soon get legalised.

[SweetCryptoNews]

Bitcoin can not be made centralized and you do not need to do this. The advantages of crypto currency is precisely in its decentralization and drug dealers can always find a way to launder money.

[White Christmas]

No it won't, never!
This because Bitcoin is decentralized from the start, and it won't be centralized ever! A lot of banks are currently interested into BTC but as investors, not as "controllers", so we're safe. Price manipulation is another thing.

Yes I think bitcoin become centralized would be a big problem especially once someone who has power to control it become greedy in money. Bitcoin will keep decntralized as it makes itself more popular because of it. People become calm because they feel that it was safe which is true because government doesnt have power to control the price and production of it.

[BossRoss89]

It sounds like an impossible task because Bitcoin is decentralized by default, isn't that true?

[mrphilippine]

That is not gonna happen because bitcoin will be useless if we remove the decentralization to the system. Many people have joined cryptocurrency or bitcoin because it is decentralized and never be regulated.

[stayeduptolate]

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 ?

Bitcoin the most controversial currency of the decade I guess, as we all know that bitcoin is a decentralised crypto currency and there is no such proper authentic regulating body over bitcoin that could keep eye over all its activities and if more specifically saying the illegal activities, since the bitcoin is decentralised crypto currency no its very difficult for the government to trace the receiver and the sender and therefore it leads to many illegal activities like selling drugs, explosives and money laundering and many more but there is nothing to worry about because I am sure that one day bitcoin will get centralised globally.

[A Feeder]

I think that is never happened, because how bitcoin become centralized if still some governments are not accepted bitcoin to their country and they never accept decentralized bitcoin. Bitcoin system is designed decentralized, I hope in the future bitcoin become centralized and I will not lose hope and I more patient to wait.

[Coroline]

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 ?

yes that is the main problem of bitcoin which cannot be tracked by the sender and recipient, therefore bitcoin has not been approved by the government as a currency.

[iamMhew]

Bitcoin is decentralize, and nothing more to change about it, even goverment wants it to make centralize, it will never become, this is how bitcoin made, no one can take over the system, even the creator dont have any access of it.

[Karakas]

cryptocurrency uniqueness is decentralization and not control by any body and the technology behind bitcoin is not possible to be centralized and saying bitcoin must be centralized is an impossible mission

[Yara1]

Bitcoin is a decentralized crypto currency The whole idea behind Bitcoin was to create a decentralized currency, a currency free from the Governments and banks. If someone somehow managed to centralized it, that would mean Bitcoin has failed its original purpose and it will become worthless.