Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin means Decentralisation why did it brought then a centralised
by
Mcdacillo
on 24/02/2019, 12:19:52 UTC
and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?

isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?

in my oppinion yes.

In my opinion, bitcoin is decentralized and it becomes centralized when you cashing out your money. I say this because we know that bitcoin didn't have a physical appearance and I think the partnership or the conversion of bitcoin to other form of fiat money has nothing to do with the centralization of bitcoin because bitcoin itself has a nature of being decentralized.