Post
Topic
Board Bitcoin Discussion
Re: Can Businessman be the Owner of Bitcoin Market ?
by
DoublerHunter
on 02/12/2017, 06:27:07 UTC
What if all the rich people come together and buy most of the BITCOINS can this lead to the control of power again in the hands of few.

the businessman can be the owner of the bitcoin market and if they do this, they can control the price but I don't think that they can because the market does not depend on them. the market is work because buy and order and even they have the power to control, they still difficult to do this, because bitcoin user is not just them. many of bitcoin user don't want to be controlled by some people or some groups.
No matter who it is or what it is, there is no chance for any people or organization to be the owner of the bitcoin market because the bitcoin market is all about being decentralized and that decentralization gives freedom to the people in different places to buy and sell bitcoin without having issues or problems because there is no people or organization that dictating them.