Who controls the Bitcoin system?

[Toukexx99]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

I think No one has a Bitcoin network, just as no one has email operation technology. Bitcoin is controlled by all its users worldwide. Developers can indeed improve Bitcoin software, but they can not enforce changes in the Bitcoin protocol because all users are free to choose the software and version they want to use. In order to remain compatible with each other, all users need to use software that follows the same rules. Bitcoin works only when there is full consensus among all users. Thus, all users and developers have a strong incentive to protect this consensus.

[deppil]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

Bitcoin have limited supply and not one institution or government can control the supply. Its happen because bitcoin have decentralized system and its can eliminate intermediaries

that is the function of decentralization, bitcoin is not the product of a company that can be controlled by the center, nobody controls the bitcoin system, so decentralization and anonymization will always be in bitcoin, if many people say that the government could just remove the bitcoin system like decentralization, because government asks the real identity to legalize bitcoin. it does not remove the system from within/inside

[PerLasz]

If no one can control bitcoin system then simply bitcoin couldn't exist today. Who controls bitcoin system can be the founder of this crypto world.

[CryptoSmile]

According to Bitcoin.org, nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

Yes, I agree . Really no body or institutions can control btc operation because of decentralized blockchain technology used. That is the strong point bitcoin has .All bitcoin users all over world directly operate or work based on general rules and regulations accepted together ( there is a consensus ) son it can run fluently and beneficial to all users.

[Pandu Gleen]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

Bitcoin have limited supply and not one institution or government can control the supply. Its happen because bitcoin have decentralized system and its can eliminate intermediaries

that is the function of decentralization, bitcoin is not the product of a company that can be controlled by the center, nobody controls the bitcoin system, so decentralization and anonymization will always be in bitcoin, if many people say that the government could just remove the bitcoin system like decentralization, because government asks the real identity to legalize bitcoin. it does not remove the system from within/inside

I agree with your opinion that if the government prohibits or dismisses Bitcoin I think it is very difficult to do, because if you see Bitcoin itself there is no attachment or binding on every member who entered into Bitcoin. If indeed the government wants to block Bitcoin then have to look for Bitcoin server with consideration which is very difficult indeed. it's in my opinion.

[johnson4218]

theoretically. You can control the bitcoin system if you own more than 50% of the nodes in the bitcoin network. This allows them to identify any transaction. that is too overpriced

[Cryptotanic]

I dont know, if we are living in the same planet with all these commentators - but, if you can not see, that the one who owns more bitcoins, can control the market or have the ability to move the market for his benefits, then you are gonna be get more scammed. A 100% decentralization is not possible and is also against the essence of human being.

[liamnorthcoins]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

It is decentralized. Nobody can control it. It has a blockchain that keeps record of every transaction that has been made all over the world. This is the very reason why other countries or government of other countries are not welcoming it because they cannot control or profit from it. They can't tax it either. But due to it's popularity and people and government slowly understanding it's importance and relativity to the present needs of the society in connection to technology some countries are proposing to apply a tax on it so that they will welcome bitcoin to their country. This just means to say that bitcoin is indeed going global.

[simpleholmes]

actually the owner of most btcs, the highest nodes of the network owners and the highest mining farm owners are the one who can change the wind directions of btc

[KelvinSF]

nobody not even revealed by anybody, but i think the market depends on the  investors  because the it appreciate when there are more investors vice versa, contrary we all control bitcoin, hence we are investors.

[knight20]

No one could control bitcoin and the price can't be predicted by anyone. Although the big investors are controlling their investments it could also affect the bitcoin price. You could only control your own bitcoin but to say that who could control bitcoin I don't so.

[mkcube]

I think the one who control the bitcoin system is nobody.Cause the bitcoin network no one owns the technology.Bitcoin is controlled by all bitcoin users like us around the world.All users are free.

[Dorion2124]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

I think your right no one controlling bitcoin even the bitcoin price, even if i do not know whats all about bitcoin i just think nobody can control it. Its the technology and people uses bitcoin control the value of bitcoin, so no one knows when it increase and decrease, because we dont know whos using it and we dont know how many of the people use it.

[btccointalk]

Bitcoin is controlled by the community consists of traders, bitcoin holders, investors etc. It is not controlled by any Government or organisation.

[lepbagong]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

bitcoin is controlled by all of us

agree with this, but still there is a dominant to be able to control the bitcoin of course that have a lot of savings and trade by looking for huge profits.

[AndreyBitTalk]

No one controls bitcoin,to be precise, it is an automatic system that operates at the expense of miners

[AliMan]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

bitcoin is controlled by all of us

agree with this, but still there is a dominant to be able to control the bitcoin of course that have a lot of savings and trade by looking for huge profits.

One advantage of bitcoin is that it is a decentralized system. It is not under the control of one central authority or government central banks. What influences bitcoin is the people using it. So bitcoin community will grow as more people support it. There is really no central control. What we do influences how bitcoin develops.

[KrishaBitcoin]

I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

Nobody control the Bitcoin system it was purely the users which is us during our transactions that is why the US Pentagon is studying the capability of the blockchain because it has unique system in which its very difficult to manipulate but anyone can control the Bitcoin price specially by the big whales in which they could manipulate the Bitcoin price anytime they want.

[Bhalibad]

isn't bitcoin has a checkpoint key and alert key that very few core dev team member holds? with these keys they can effectively destroy the coin if they want.

It can range from a single home heating controller using a thermostat controlling boiler to large industrial control system that are used for controlling processes.

[maxreish]

We are the bitcoin lover holder who controld bitcoin. Without us i dont know if bitcoin will still function today.