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Topic
Board Beginners & Help
Re: WHO GOVERN BITCOIN?
by
Alisha-k
on 01/05/2023, 03:35:02 UTC
Have you ever wonder if bitcoin is being govern by any company?
 Well bitcoin is not a company own by someone and it's also not control by anyone,it has no CEO,no president and rulling council.the software is a protocol and work on it own and being upgraded by developers.
  They are also supported by groups like miner who eho own the machine that generate new bitcoin and maintain the security of the network.
So no one person or group can unilaterally make changes to the software that run it network.
It's no longer news, everybody even the lay men are aware of this already..
And that's why Bitcoin has attained this height, it's decentralized nature has made it go unopposed and unstoppable...
If Bitcoin was owned by someone or a group of persons, I believe it's have crashed by now.