Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become centralized sometime in the future?
by
Mylove risa
on 27/05/2018, 13:54:09 UTC
maybe someday bitcoin will become in a centralized system, as we know right now bitcoin is decentralized and many of country and government is now like with this system, and maybe someday to make bitcoin is legal in many countries it will change from decentralized into centralized system

The development of Bitcoin is very fast. Within 3-4 years, the value of Bitcoin soared to thousands of US Dollars. The price growth can even compete and at one point managed to outperform gold. Given the decentralized Bitcoin system and its value is determined by the level of demand and supply, it is reasonable to reason that the growth of global interest in Bitcoin is estimated to be the culprit of the phenomenon. Seeing how valuations, the amount of demand and supply, and the technology that could be a conventional alternative currency, Bitcoin can be said to be a potential for future investment assets. But if it concerns the potential of Bitcoin as a means of payment in the future, there is little chance that can be discussed, given the Bitcoin system itself is free from any regulatory authority.