Quote from: thenameisjay on December 19, 2017, 03:37:46 PM

Quote from: jumpercrypto on September 20, 2017, 03:44:22 PM

what do you think would happen to bitcoin economy if someone would actually take in control of it?

Supply and demand is controlled. Just like capitalism. Everything is controlled for the sake of profiteering. Bitcoins will now taxed the same way as money. The one who is in control of bitcoins will regulate everything from the very bitcoin we receive and give to other people.

If bitcoin became centralized it will be just like state currency. State will regulate it. Can be collect taxes from that bitcoin. I think if bitcoin became centralized its economy will be crashed. No one can use it. It will be not more profitable because of its huge paying taxes and other a lot reason. It will effect bitcoin economy more. It will simply crashed the bitcoin economy unstable it. Bitcoin will be fall soon if it became centralized.