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??
Bitcoin was a decentralized technology we know and it kinda confusing. The bitcoin technology was created or made by Satoshi when is now used in a lot of bitcoin wallet.
It is not like the bitcoin wallet or the company is the one who is controlling the bitcoin but they just using bitcoin as an asset storing bitcoin, Also the transactions happened in the blockchain every transaction was made is processor powered by every miner's hash power and they are getting a reward from doing this there is no government that controlling this bitcoin because it is powered by the community and the market price is also depending in the supply and demand of bitcoin.