It keeps looking like centralisation is still in control

[ROCterm]

I have a question about Bitcoin.

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

Because even US is now making it seem like crypto acceptance is for only those in the US, if you are out of the US you are on your own, it is like your own country needs to accept Bitcoin as means of settlement for you to take advantage of that.

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

[SeriouslyGiveaway]

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

Because even US is now making it seem like crypto acceptance is for only those in the US, if you are out of the US you are on your own, it is like your own country needs to accept Bitcoin as means of settlement for you to take advantage of that.

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

Bitcoin is decentralized from its hashrate distribution to Bitcoin node distribution so there is no centralization on this blockchain. Consequently and fortunately for Bitcoin users, there is no censorship on Bitcoin blockchain.

Users can send coins to anyone, anywhere, so surely broadcasting cross-border Bitcoin transactions is possible.

Governments do their jobs with business and citizens in their nations but their regulations don't make Bitcoin blockchain centralized or censored.
Failed filter Bitcoin transaction attempts.

[hugeblack]

I have a question about Bitcoin.

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

Use ----> https://btcpayserver.org/ There is no need to use central parties.
The use of Bitcoin differs from the legal status of Bitcoin. You can use Bitcoin in a decentralized manner without anyone stopping or freezing your transaction.

[_act_]

Just like what Brazil did of recent that Central Bank of Brazil (BCB) prohibited the use of cryptocurrencies for settlement in regulated cross-border payments.

But does this change the fact that you can send bitcoin and other cryptocurrencies to anyone from anywhere that you are? That does not change the fact that you can still send bitcoin and other coins to anyone at anywhere that you are.

P2P is always possible with the use of bitcoin, but it is left to people to use it or not use it.

[asriloni]

Bitcoin is decentralized if you're doing p2p transaction. However, it becomes centralized when you're using paymeny gateway that accept bitcoin. It's caused by it's controlled by an entity.

Apart from that the decentralization is not failed. yet it's impossible to replace the centralization that's already applied in all of things. The decentralized network owned by bitcoin doesn't make you immune to the centralization. It's caused by most of payment gateway are still tied to the fiat banking system.

[3kpk3]

This is pretty much a never ending debate within this forum and elsewhere. Let's see here.

https://bitcointalk.org/index.php?topic=5562108.20
https://bitcointalk.org/index.php?topic=5559556.0
https://bitcointalk.org/index.php?topic=5580679.0
https://bitcointalk.org/index.php?topic=5552653.0

These are just a couple of random threads regarding this topic. BTC will never be 100% centralized or decentralized. Parts of it are centralized while parts of it are decentralized. Not red or black, but grey basically.

[Ishicryptic]

Bitcoin was created to be decentralized and it still is nothing has changed, you Bitcoin is your private property and you have freedom to keep it in a none custodial wallet or in the custody of an exchange, you can also choose to do p2p transactions on a centralized platform. Although I cannot deny the fact that many Bitcoin holders don't have any problems with submitting their KYC to a centralized exchange, this is their choice it has nothing to do with Bitcoin decentralization. Governments wants to regulate exchanges so they will be able to monitor the movement of Bitcoin, it is left for for you as a Bitcoin holder to comply your Bitcoin or not.

[Agbe]

I really like the way Electrum and other non custodial wallets operate in the space. If the peer to peer services were also like that, . things would have been better. Though there are some decentralized exchanges in the industry but in my country or region, it looks like those services providers are not in existence. Because I have not seen anyone using them. And the reason why centralized exchanges are in control of the market because their buying prices are better than the decentralized exchanges. Even at that if decentralized exchanges want to make things right, they can do it. They have to change method of operation.

[Dunamisx]

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

One thing we should know about bitcoin is that it was not introduced in other to eradicate the relevance of a centralized fiat currency, but instead, that we may have an alternative and keep in mind that everything we do must still be determined by our decision either to go centralized or decentralized depending on the coin we are using, therefore using Bitcoin is a way that we can be conscious of what we want so has to leave in a decentralized financial economy.

[Alpha Marine]

Bitcoin is a free tool that people are free to use however they want. That means people would always use them however they want. It's the beauty of it. The fact that it is a decentralised coin doesn't mean it would force people to use it only on decentralised systems; if it did that, then it would be against what it stands for. This means people will always use it in decentralised and centralised ways.

Most people like convenience and it's easier to use a centralised system, added to the fact that this is what the world is used to, more people will definatly use Bitcoin in a centrlised way. But this doesn't stop it from being what it was ment to be because people still use it daily for cross order payments without involving any centralised systems, just purely P2P. I have used in receive payments for gigs straigt to my address and have also paid for stuff with bicoin, even though it's not often.

[Nathrixxx]

Centralization is not in control, only that we have two option to take from which one we wanted, it is either we go for bitcoin or we continue with the way things have always been with the use of decentralized system, as long as we have an alternative, the choice is there for us to decide on where to go, all we needed is to equip ourselves on the necessary information and knowledge that we guide us through as we explore in the world of digital currency with Bitcoin.

[Hatchy]

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

Even if the government choose to place restrictions on the use of bitcoin, it doesn't make it centralized not does it completely stop people from transacting using bitcoin as a crops border payment. You can still send bitcoin using self custodian wallets that has no connection to a centralized platform. What you should know is that decentralisation is a core feature of bitcoin. No matter what they do while using bitcoin it doesn't change how it was designed initially. It's network would remain decentralised only what changes are how people chose to store or spend. Most of the exchanges we have today have all shifted to centralized systems because of how governments are pressing on them so they have very little choice..

[kano]

Stop feeding the noob troll

[PrivacyG]

I do not care what other people invent on top of Bitcoin and how Centralized their solution is.  I care that the basic functions of Bitcoin are not changed.  Can I send you Bitcoin with no Third Party and Centralization involved?  If yes, there is no point in discussing whether other solutions make Bitcoin a 'fail'.

[SableTeacup]

I have a question about Bitcoin.

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

Because even US is now making it seem like crypto acceptance is for only those in the US, if you are out of the US you are on your own, it is like your own country needs to accept Bitcoin as means of settlement for you to take advantage of that.

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

It can feel that way, but decentralization hasn’t failed. Bitcoin itself is still decentralized. The network works without any single authority. What feels centralized is how people use it. Many rely on exchanges, payment apps, and regulations, which are all centralized layers on top. So the system is decentralized, but the user experience often isn’t yet. That’s why it feels like centralization is still in control.

[m2017]

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

Yes and No.

You have the right to freely buy whatever you want (unofficially) p2p (directly from people, not from legal entities, i.e., stores and service providers) using bitcoin. This means decentralization works here. There's one condition: the product or service you want to buy must be sold using bitcoin (there must be a market supply).

You can't officially buy from companies using bitcoin (we'll ignore rare exceptions), because the only legal tender is the national currency. And if you go to a store, for example, to buy a pack of cigarettes or a bottle of beer, and try to pay using bitcoin, your payment will simply be rejected. In other words, bitcoin continues to "exist in a parallel financial reality", alienated from the current economy.

Because even US is now making it seem like crypto acceptance is for only those in the US, if you are out of the US you are on your own, it is like your own country needs to accept Bitcoin as means of settlement for you to take advantage of that.

To receive bitcoin as a payment, you don't need your country's approval and can use bitcoin freely (as long as it's not prohibited by law). No country in the world has any authority over this currency. That's the point.

Bitcoin is accepted by residents of any country, by the way.

[dezoel]

You can make payments from wallet to wallet? So that means there is no reason why centralization should be an issue. If you do prefer to get paid into your binance account for example, yeah sure then you are using centralized exchange, but that is your preference, and not a must, you do not have to.

And as long as the option to be decentralized and out of reach of anyone exists, that means it's still decentralized, we just prefer not to use it sometimes.

[Luzin]

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

They only provide the rules, but they cannot regulate transactions because the whole world can conduct cross-border transactions. So it seems America is just taking a funny step and they don't understand the decentralized system. Bitcoin smart contracts are not made like that and it violates the basic principles of the Bitcoin blockchain. It seems this is just a joke. They might be able to impose restrictions by making rules aimed at recipients or senders from the US, accompanied by penalties if they violate them. This situation is ridiculous,  I think it won't work. Maybe this is more suitable for centralizing rules, not for Bitcoin or crypto network and chain. CMIIW

[lionheart78]

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

If you pay directly with Bitcoin from your non-custodial wallet, are you using a centralized processor?  You are pushing the idea that a Bitcoin transaction is only processed through a centralized payment system.  And that is where you are mistaken. 

Like in this forum, signature participants are from different countries. The signature campaign manager sent payment to people who are in different countries, that is, cross border payment. Does the process go through a centralized platform?

[Myleschetty]

I have a question about Bitcoin.

Since people can use Bitcoin as a way to settle payments but centralisation is the one in control of it all, does this mean that decentralisation have failed in payment solution part?

For the record, miners handle all Bitcoin payment/transaction related activities, so I don't see it as something settled by centralization, or did I just misunderstand what you meant?
The decentralization aspect of Bitcoin never fails, and one of the reasons it won't fail in the future is that Bitcoin holders should not invest in an ETF or Microstrategy holding and not use centralized platforms as storage.

Because even US is now making it seem like crypto acceptance is for only those in the US, if you are out of the US you are on your own, it is like your own country needs to accept Bitcoin as means of settlement for you to take advantage of that.

What are people calling it? Cross bordering payment? If feels more like centralised payment solution using bitcoin.

Because Bitcoin is decentralized, the US is able to do that, but this does not imply that they control Bitcoin operations or prohibit you from using BTC outside of the US. They simply want to be the top nation and the center of attention when it comes to Bitcoin. However, the policies of other nations governments regarding Bitcoin are also detrimental, and there is nothing we can do about it. However, any setting is welcome to support or use Bitcoin.