Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the only thing that humans cannot control
by
nightxglow
on 09/08/2021, 14:10:41 UTC
In my opinion, Bitcoin is the only thing that beyond human control. On the surface, Bitcoin is a decentralized, trust-free, and non-proof value. Bitcoin also has split and transfer functions. But at the most essential level, Bitcoin is the first thing independent of human civilization and beyond human control. Bitcoin is an advanced civilization system independent of the existing human civilization system.
There are so many things that are beyond human control and we all know that. And as for bitcoin, it has to do with us the users, as long as it remains decentralized as it is now, then there is not going to be any problem and no one will control it because it is decentralized. But if we allow it to be controlled, then it would. Right now the community is big enough and there are so many nodes, so it is not going to be that easy to be controlled by anyone. And I love the fact that it can’t be controlled by anyone, because if it was easy to control, then the government would have jumped on it and start controlling it, which wouldn’t be a good idea.

I don't think that Bitcoin and cryptocurrencies are completely out of human control because the market is filled with people so The concept of decentralization does not mean that it is not controlled by humans, but that control is released to each individual and everyone. if it's said to be out of human control It seems like it's not quite right because price movements and volatility are still influenced by demand and supply by every investor and trader.
Yes i agree with your opinion. I also think that bitcoin or cryptocurrency in general are completely out of human control, since in fact we might be able to control it. Not an individual can control it of course, since bitcoin has a high volume of transaction, and i don't think there is a single person with such a big portion or amount of bitcoin until he/she can drive the market as freely as they could. However, if the investors, or the people in this market all work together to move the price into a certain way, of course it's possible to do so, since the demand and supply is all according to us.