Are We Being Fucked? The centralization of Bitcoin

[Yatsan]

I have to say that people are overreacting to it, it requires everyone to agree to use a chain for it to change in any capacity, meaning you could be a single person who would control 90% of it, and if people do not use any changes you want to make, then you wouldn't have it. Everyone acts as if this would be possible but it's not, centralization is not real.

Satoshi thought about everything before he left, he developed it to a point where it would be awesome to handle and wouldn't have these type of problems and that's why we have what we have. If there were any loopholes or issues then someone would have done it long time ago, and it would have been gone already.

Actially, if the government will just choose to restrict decentralized platform, they can do such thing. But that is also true; if people won't choose to use centralisation, then such thing won't work. Problem is that people won't have other option to continue with this technology so it would be somehow a display of supression. What's more likely to happen in the future is for all categories to co-exust with one another. It would depend to the users on the other hand which tokens and exchanges to be used. Some are just okay with centralized tokens especially for transactions while decentralized ones are for investment purposes(as what I have observed from being here for years).

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[franky1]

I have to say that people are overreacting to it, it requires everyone to agree to use a chain for it to change in any capacity, meaning you could be a single person who would control 90% of it, and if people do not use any changes you want to make, then you wouldn't have it. Everyone acts as if this would be possible but it's not, centralization is not real.

Satoshi thought about everything before he left, he developed it to a point where it would be awesome to handle and wouldn't have these type of problems and that's why we have what we have. If there were any loopholes or issues then someone would have done it long time ago, and it would have been gone already.

whats said in purple was satoshis consensus mechanism 2009-2016
but in 2017 that changed
and that has been admitted by devs that created the bypass..

in 2017 rules changed whereby every user was not required to upgrade to be "activation ready" by august 2017 for an activation to occur
and since then users have not needed to be activation ready for other things to be slid in..

[Casdinyard]

Mining has been centralized forca good amount of bitcoin's lifetime now. It hss proved to work well thus far in providing services to the rest of the crypto indistry so I think no shift is needed despite its centralized nature. That being said DGC as far as I know only has around 20% of the industry's hashrate on its back, while the foundry lies somewhere within 27%, numbers that when added up do not total to 50% , so for me this post is a little fear mongering and misleading too.