The whale manipulates its value and is so easily manipulated. Is this decentralization?
Do you have a proof that whales are manipulating the crypto market? This can very well be a popular belief and may be far from reality. Till date we haven't seen any legit proof where the whales have manipulated the market. Obviously Elon Musk did and now his company's bitcoin holding is running in negative.
I don't think we have any other assets available which are greatly decentralized like bitcoin.
Come to think that if Bitcoin was decentralized in the first place then e wont really becoming this big. Government had been trying for years on to control Bitcoin literally on technical aspects
for manipulation in terms of price or value but same as you said it cant be proven out but we can presume that its there even on traditional markets like stocks and forex where these
manipulative actions can really be obvious for sometimes and thats a centralized market, how much more on a decentralized market where funds could easily flow?
Bitcoin is decentralized and its demand and support is the proof.