Post
Topic
Board Bitcoin Discussion
Re: Who controls the Bitcoin system?
by
pabpete
on 19/04/2018, 05:44:00 UTC
I think nobody can control or own the bitcoin system like they can not control and possess the technology by email and the internet. I think Bitcoin is no different than a mobile application or program that offers a personal Bitcoin wallet and allows users to send and receive Bitcoin.

I thinknno one controll the bitcoins system but us the users that thing is just being invested and then leave it by its own so i think it is a pure conputer that cannot be hacked because of maximum security. Maybe the only thing that can access it is the one who male it but no one knows who really the man behind it because it can be me or you no one knows. Or maybe there are really a person behind it controlling the price but we do not know there are a lot of possibilities in my mind.
As a decentralized form of currency, Bitcoin prides itself on having no governing body. It is completely run by the people who use it. However, many people wonder who actually has control of Bitcoin. There are some systems that are vital to keeping Bitcoin running properly. Its blockchain technology isn’t automated, as some people believe, instead it relies on the hard work of miners to keep it going.