Post
Topic
Board Bitcoin Discussion
Re: What if Bitcoin was centralized?
by
GoodLuck2
on 07/01/2018, 19:35:04 UTC
what do you think would happen to bitcoin economy if someone would actually take in control of it?

I think even now it being centralized but not by a single person or any private holders. If this could happen, then there would be a massive change and a big impact to the whole economy of bitcoin. The value of it could have boundaries. They could imploy not to take a huge amount of it. But for somehow they could simply protect it and lengthen the possibility of losing bitcoin. Then, making bitcoi  centralized could give a disadvantage and somehow advantage on it.
Everyone knows that bitcoin is decentralized and still it’s very going fast and now its unstoppable the way it’s going forward and going to achieve its goals and targets so it must be appreciated because bitcoin is the only currency which is decentralized but still it’s become very popular and strong in market and day by day countries are going to make it legal so if it became centralized so I think bitcoin can be an international currency.