Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin truly Decentralised?
by
fiulpro
on 25/07/2020, 18:07:35 UTC
Whats this Original Bitcoin and this BTC? Are they different coins with different visions at the beginning or there was a hard fork or something?

Is bitcoin or BTC truly decentralised? Who registered the domain name bitcoin.org back on 18th Aug 2008?

Does Japan have any archives or medical records of Satoshi Nakamoto? Japan is always known to be a advanced tech country so surely there must be some trace of Satoshi electronically or on paper trace if hes really old. Whats Japan authorities saying on this? Its near impossible to just vanish without trace in these times of technology where your traces are easily recorded somewhere unless Satoshi was a hacker and wiped himself clean from govt. databases leaving no trace fearing the current Zionist worldwide financial system will come after him or something.

Or satoshi was born outside Japan? if not and if he was in Japan when he created bitcoin then why didnt he registered bitcoin website as bitcoin.jp instead of bitcoin.org? Japan is know to have the latest tech 1st before the whole world has it. For example Japan is known to have HDTV back in the 70-80s before the whole world had it like 30 years later! Also theres tech/inventions thats never gets released worldwide and only available in Japan.

Japan has its own economic inflationary problem so is bitcoin was originally designed for Japan and its population only?

Does Gavin Andresen still control the code at the code repository located at GitHub? Does he still have the Network Alert Key?

Gavin Andresen became the lead developer at Bitcoinfoundation.org

Final question who funds bitcoin.org and bitcoinfoundation.org and who funds the development teams at bitcoin core? Updating bitcoin core with latest releases takes time and money so obviously somebody is funding it or are they all just happy crypto geeks who are volunteering at this so called non-profit organisation for the greater good for mankind financially?

What happens if governments took down the github repository, and the .org websites associated with bitcoin and put all those geeks in jail as well whoever is funding it? Will bitcoin still run?

The Bitcoins itself is Decentralized , but there are few things that always come in the way :

1. Governments demanding KYC every now and then , wallet softwares making it very easy to Track them.

2. The whales usually connect with each other and try to influence the price of Bitcoins

3. Fake whale alerts are being created by people having a lot of Bitcoins , they generally transfer them from one wallet to another and inturn it may cause people to panic buy and sell.

4. Bitcoins Futures and the stock market taking interest in Bitcoins is not a really good thing since they are unnecessarily creating a middle man that is not necessary.

5. Governments seized many mining farms and thus they might be just trying to dominate Bitcoins indirectly.

                               -°-

For the long term it's actually not a good thing for sure . As you have your doubts so have most of the companies, we don't really know how it will go about but we can sit back and do out part , educate people about Bitcoins and other cryptocurrencies.