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Author Topic: Can Bitcoin become a true decentralized currency?  (Read 386 times)
dortheamangum
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July 19, 2021, 04:50:38 AM
 #41

It's natural that if something gains value or interest then the risk and critics surrounding it increases too. Same goes for bitcoins.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Ziskinberg
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July 19, 2021, 07:23:17 AM
 #42

The whale manipulates its value and is so easily manipulated. Is this decentralization?
Due to rampant market manipulation, I could say that Bitcoin is not fully decentralized but at least its price moves freely unlike the other project that has been controlled by a group of people. But it never gives me the doubt that sooner or later Bitcoin will change its platform. It certainly remains decentralized and that even the manipulation continues had something couldn't change it.

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