Re: Will Bitcoin become centralized sometime in the future?

To ensure some sort of centralisation never happen, the best way is still to spread the hashrate concentration to multiple new pools. I guess since there is more and more people coming into the game, and a lot more will come I think because of the price rise, actions will never have to be taken.

I doubt that will happen. The Chinese seem really persistent on controlling the Bitcoin mining industry. I think that something really big has to be done if we want Bitcoin to stay as a decentralized currency. And I don't see many more people getting into the Bitcoin mining business because the Chinese look like such a dominant force.

I think bitcoin will not become centralized. I really sure if more countries accept bitcoin china will not able to control/influence bitcoin price anymore. Anyway minning is not forever, isn't it?

yes i am also agree with you. although states and governments will like to centralize bitcoin so as they have control over it if they are going to turn it as legal currency but still i will say that bitcoin is not going to become centralize and will stay as decentralize currency of the world.

Honestly we do not know what will happen in the future but i think bitcoin can be still centralize in the future.. for now we are using it anonymously and i think if almost all country are using it with government i think it can be centralize by government and we will pay for taxes and fee for transactions.. that i hope it will not happen in the future..