I am thinking that BitPay or Coinbase is able to setup various full nodes all over the globe and the small users can whitelist their nodes so that they shouldn't worry that much about the blockchain being altered! In the Bitcoin ecosystem the security is the same for the big companies and for the small individual and a change in the blockchain history would affect both in the same time. The big companies will focus more on the blockchain security since they have much more to lose while the small guys can just leech the blockchain history from them.
I am thinking I don't want to rely on the say-so of companies that are already in bed with the USG. I am thinking that if a small group of USG-friendly companies has a monopoly on the full node market, they will eventually start rewriting history to airdrop free bitcoin into government coffers. These are the kinds of conclusions a thinking person can arrive at; what is it you're doing? You call it thinking?
As previously said if you trust Google servers to host your Google Chrome copy then you will definitely trust Exchangers and Payment Processors to have an unaltered blockchain at everyone's disposal.
Google Chrome isn't responsible for the world's money supply.. But I get what you're trying to suggest -- that bitcoin to FIAT exchanges must have only the best intentions.. Pay no mind that they are
FIAT companies;
not bitcoin companies
i! Does the block chain demand KYC compliance? Nope; that's a FIAT requirement. These companies will do what it takes to remain in the good graces of their FIAT overlords, and I "definitely" don't trust them to keep an unaltered block chain if left alone with the task.
i :
Actual Bitcoin corporations (ABCs) versus fiat-based frauds trying to masquerade as Bitcoin companies (while masquerading as companies in the first place) on the solid theory that the general public is too stupid to make any difference, this one included, and on the flimsy theory that the general public matters in Bitcoin (FBF-TTMABC-WMACITFP-OTSTTTGPITSTMAD-TOI-AOTFTTTGPMIBs, alphabets for short).The situation is exactly the same in Bitcoin : on one hand there are the actual Bitcoin companies, dedicated to building a new house. These mostly gather around MPEx. Then there are the pseudo-Bitcoin companies, which use Bitcoin like they used "synergy" or "dotcom" before. To them it's a simple buzzword, intended as a means to separate dollar-holders from their dollar-holdings.