Quote from: GoodLuck2 on January 07, 2018, 07:35:04 PM

Quote from: Asuspawer09 on January 02, 2018, 01:47:08 AM

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?

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 its very going fast and now its unstoppable the way its 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 its 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.

Thats true! It would not have been reached this level because of being centralized. Governments are all the time looking for their profits in latest technologies.

Centralized bitcoin would have been limited to certain class and there had been cases of corruption in this currency as well. It is loved by people because everyone owns it. No one can stop others from using it or can claim it as his or her property.