After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??
Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!
What is your thought about this??
There's been a lot of discussion about it in the past.
Bitcoin is one of the most decentralized currency ever. People may argue large amount of bitcoin is hold by limited individuals and companies and earned by large mining farms. But it's distribution is still much more decentralized than any other currency.
A context, 26 richest people owns more than rest of population
https://www.theguardian.com/business/2019/jan/21/world-26-richest-people-own-as-much-as-poorest-50-per-cent-oxfam-reportAs we all know blockchain and cryptocurrency are connected to its consensus alogrithm, ,i think you should check on this video
because there i found what i think is better decentralize mechanism than PoW by Bitcoin lol