Thats a question we all would like to know. Has Bitcoin been finally sold out to big businesses, corporations, investment groups and even countries?? In the last few years these things have resonated louder than ever. Investment groups buying thousands and even millions worth of Bitcoin at a time, countries even making the once comical like currency its very own currency for everyday life. So the question once again is asked... Has Bitcoin Finally Lost It's Decentralization? Let us know of your thoughts and comments on this and thanks again.
Bitcoin is decentralized and bitcoin will be decentralized except if there is censorship in the way miners treat it. First off if you’re worried about the number of users holding bitcoin base on the stats that we see around of how institutions like ETF approved institutions buy crypto i would say you shouldn’t be too worried as the entire bitcoin doesn’t even belongs to them, but rather for the investors under them, although this numbers are somewhat misleading to me sometimes. Away from institutions there is a around 52,395,382 address holding bitcoin according to
LoyceV.Club, yes they can be one person having more than one address but still it shows how disperse the whole thing is.
Secondly decentralization doesn’t mean holders been plenty like that but also the way the blockchain works, there is no centralized body that would censor your transactions Like stopping you from buying or selling, that’s why there many nodes who work together to keep the network decentralized, no matter the amount of bitcoin an entity holds they can’t bypass this system protocols, that’s decentralization to me