Post
Topic
Board Bitcoin Discussion
Topic OP
[b]Can Bitcoin Maintain Its Decentralization as It Scales?[/b]
by
Alex_crypto12
on 11/12/2024, 11:53:37 UTC
Bitcoin was designed to be decentralized, giving power back to the people and removing reliance on central authorities. But as the ecosystem evolves, can we confidently say it’s still immune to centralization risks?

Key Points for Discussion:

Mining Pools: Are large mining pools creating a centralized point of failure? What can be done to distribute mining power more evenly?
Exchanges and Custody: With so much Bitcoin held on centralized exchanges, does this contradict the idea of “not your keys, not your coins”?
Liquidity Needs: When you need funds, how do you handle it without selling your Bitcoin? This has been a tough balance for me, but I’ve recently started exploring ways to access liquidity while keeping my holdings intact. Currently i'm exploring CoinRabbit (https://go.coinrabbit.io/forum), have you heard of this platform?

I’d love to hear how others are navigating these challenges. Is decentralization something we should actively protect, and what strategies or tools have you found useful in staying true to Bitcoin’s principles?