Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the only thing that humans cannot control
by
valentine wheeler
on 18/07/2021, 09:02:45 UTC
Bitcoin is controlled by humans but is not concentrated or managed by a person, organization, or country.
Bitcoin's control is divided equally among everyone who holds it.
Bitcoin is decentralized, created so that everyone can use and control it peer-to-peer instead of being centrally controlled by individuals like the current financial industry.

Bitcoin has no central authority, no sovereign state control, no CEO, no board of directors, and no holding company. One of the most powerful features of Bitcoin is that its creator is no longer involved in it.

Any change in Bitcoin requires consensus. This is the most important thing. In this sense, the Bitcoin governance model is similar to a perfect democratic system with a self-regulating balance system.

I support your point of view, thank you.