I put it in " " for a reason as it's not centralized by definition. But there are a few whales that hold a good amount of the total supply. Don't also forget that China, by far, has the largest mining operations that have been running for years now. I don't fully trust BTC, even though I believe in crypto as a whole.
China banned mining and still couldn’t stop it. It doesn’t matter who has the most. You will not stop people who can put in the work from becoming rich, if that’s China, so be it. But a little known fact — “Satoshi Nakamoto”: "Satoshi" means "clear thinking, quick witted; wise." "Naka" can mean "medium, inside, or relationship." "Moto" can mean "origin" or "foundation." — connect a few dots, you get “Central Intelligence”. Maybe the white hats knew they had to get rid of USURY, which is the root of all issues we fight against, and created Bitcoin.
China banned mining to solely manipulate the market. They've done it multiple times, including banning trading it all together. They were only manipulating the market, and I've watched them do it through a few cycles. It had nothing to do with trying to stop it.
And I've seen the whole name theory many years ago, and even if it was created by the CIA, that doesn't mean it was a white hat operation. It can very well be a black hat operation, nobody knows minus the insiders. It's easy to "connect the dots" as you put it, but that doesn't make it the right answer either.
As a fellow crypto holder, I'll also play devil's advocate here. What if that's the white hats tanking one of their money laundering schemes?
I'm also still very leery about BTC and ETH surviving. Both are majorly "centralized" with the small amount of whales holding most the supply.
We can only speculate until this is over.
Bitcoin is not centralized at all.
I put it in " " for a reason as it's not centralized by definition. But there are a few whales that hold a good amount of the total supply. Don't also forget that China, by far, has the largest mining operations that have been running for years now. I don't fully trust BTC, even though I believe in crypto as a whole.
China banned mining and still couldn’t stop it. It doesn’t matter who has the most. You will not stop people who can put in the work from becoming rich, if that’s China, so be it. But a little known fact — “Satoshi Nakamoto”: "Satoshi" means "clear thinking, quick witted; wise." "Naka" can mean "medium, inside, or relationship." "Moto" can mean "origin" or "foundation." — connect a few dots, you get “Central Intelligence”. Maybe the white hats knew they had to get rid of USURY, which is the root of all issues we fight against, and created Bitcoin.
China banned mining to solely manipulate the market. They've done it multiple times, including banning trading it all together. They were only manipulating the market, and I've watched them do it through a few cycles. It had nothing to do with trying to stop it.
And I've seen the whole name theory many years ago, and even if it was created by the CIA, that doesn't mean it was a white hat operation. It can very well be a black hat operation, nobody knows minus the insiders. It's easy to "connect the dots" as you put it, but that doesn't make it the right answer either.