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.
Decentralization has nothing to do with the ownership of BTC. Decentralization is about having control over the protocol.
A bunch of corporations could own most of BTC in circulation and BTC could still be decentralized. BTC will become centralized when a big corporation controls most mining rigs and tries to change the blockchain protocol. This would lead to most miners, developers and users leaving the Bitcoin blockchain and the BTC price would collapse. What creates the value of Bitcoin is the community behind it. Destroying that community would lead to the destruction of Bitcoin.