Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become centralized sometime in the future?
by
Powerpuff
on 20/06/2018, 07:22:14 UTC
When you look at the statistics, many cryptocurrencies are owned in majority by few entities, Bitcoin is no exception to this. A new report out recently by Finance Magnates actually highlights that overall, less than 1% of Bitcoin investors actually have the capacity to control over 35% of the network, therefore one could argue that Bitcoin really isn’t so decentralized after all.