RE: RE: Most Cryptocurrency Is Like Stock Why Do We Treat It Like Currency?

Bitcoin is certainly decentralized. The network has enough nodes out there that it is near impossible to take it over. That is basically untouchable in my opinion.

Do not forget, with BTC, distribution means nothing to the network. The miners run the network, BTC holdings have no impact.

As for the other blockchains, since coin distribution is vital for governance, anything with an existing premine or founder's stake is going to have a tough time being truly decentralized. There token distribution is vital.

Hive is not in that position since the fork removed that from individual holding.

As for market manipulation, the future could be affecting BTC, it wouldnt be surprising. Market manipulation is common. However, that doesnt play into Bitcoin being centralized or not. That is simply big players using leverage to move markets.

The network is still decentralized and secure.

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