Who controls the Bitcoin system?

[NewBet]

Bitcoin is a decentralized currency which means no one controls the entire system. You as a user control your own coins just like other users which does not put power in the hands of a single person. This is why the governments are against it because there is no way for them to control which means there is no way for them to control the users and what they do with their money.

[roller24]

if we knew and could indeed control bitcoin then I think the course would now did madly flew up maybe soon it will actually happen

[KingScorpio]

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 heard a japanese version of graf dracula is doing that,

[sr32703]

According to me Nobody control bitcoin system . Even it's decentralization but you can say that bitcoin is controlled by all of us.

[nara1892]

Miner is the one who controls bitcoin network, and anyone can be a miner and participate in processing bitcoin transactions in the world
You can join in one of pool to work together to mine bitcoin.

[cryptonad]

Nobody controls the bitcoin system as I think because it is decentralized. We the people most especially who did earned a lot of money  are the one who has the big part of making it works.

[s.mahmood]

Many large bitcoin holder in our forum, if they able to change bitcoin price,I think they do that again and again.But it is not possible because bitcoin is a decentralized crypto currency system.

[assyla]

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.

There is no one that controlling the system of bitcoin, the bitcoin price is affected by some factors such as the law of supply and demand which is the most factor that affects the price of bitcoin.

[gunhell16]

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 the people all over the world.
the system of sending and receiving is also held by the people (miners)
they are the one who gets involved in it.
This is why governments and bank are getting on their nerves as they want bitcoin to be regulated but its very hard.

[Krispin47]

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.

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

[bajigur894784]

Bitcoin is controlled by all its users worldwide. the developer can indeed improve Bitcoin software, but they can not force change in Bitcoin because all users are free to choose the software and version they want to use. In order to stay with each other, all users need to use the same rule-compliant software. Bitcoin can only work well if there is a full consensus among all its users. Thus, all users and developers have a strong incentive to realize this consensus.

[crazy-pilot]

big pools and miners controlling bitcoin systems and their network hash rate , no one could centralize control bitcoin at all only all people.

[pucunghul]

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.

yes you are right, as it is the specialty of bitcoin. and different when compared to the obvious altcoin there is a developer behind it.
bitcoin becomes the most promising crypto in investment or trade. that's why bitcoin evolves as the times progress.

[Cryptoman55227]

The whole concept of BTC and blockchain was created to make sure that no one controls the technology.

[chickenfried12]

my point of view is that we are all part of a game of bitcoin, we can only control it at a sufficient level and make our investments properly. you need to go ahead with gains and losses may be the issue at this time those who have large amounts of money may want to take control of the manipulation can add the price can break

[masterchief001]

Bitcoin is an open source software that was originally operated by Satoshi Nakamoto. Nakamoto left the site in 2010 and handed over the key to Gavin Andresen. Andresen claims he has managed to decentralize and said: "As soon as Satoshi left and put the project on my shoulders, one of the first things I did was try to decentralize it. Leave Bitcoin to a fully decentralized network.

[Krispin47]

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.

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

[filtyfrank251]

Noone controls the Bitcoin system. Nó hoạt động dễ dàng, nhanh chóng thông qua công nghệ blockchain hiện đại và có tính bảo mật cao. Chính vì thế, bitcoin ra đời rất được nhiều người tưởng tượng bởi công nghệ hiện đại của nó và giao dịch tự trên thị trường cryptocurrency.

[maximkretov]

The popularity of the bitcoin cryptocurrency beats all records, which can not but cause heated discussions about its future, despite the fact that opinions about it vary greatly: some fully support the virtual currency, while others absolutely do not believe in its potential. "Voice of Russia" discussed the phenomenon of bitcoin with Andreas Lehrbaum, Chairman of the nonprofit organization "Bitcoin Austria".

[Wayan_Pedjeng]

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.

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

The problem is that if some software developer wants to enforce his changes to Bitcoin, then he can easily create a forked chain. Ever since the first forked coin was created (Bitcoin Cash), we had dozens of such forked chains.