Cryptocurrency Q&A
Who control Bitcoin?
Who control Bitcoin?
SsangyongSpiritedStrength
Tue Dec 17 2024
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5 answers
1092
I'm curious about the ownership and control of Bitcoin. Who exactly has the power to govern or manipulate this cryptocurrency? Is it decentralized or does someone, or some entity, have significant control over it?
5 answers
Caterina
Thu Dec 19 2024
Instead, Bitcoin is controlled collectively by all its users worldwide. This decentralized nature ensures that no single party can exert undue influence over the network.
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Elena
Thu Dec 19 2024
The developers of Bitcoin are constantly working to improve the software, but they do not have the authority to force changes in the Bitcoin protocol. This is because the protocol is governed by consensus among all users.
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StormGalaxy
Thu Dec 19 2024
Each user has the freedom to choose which software and version they use to interact with the Bitcoin network. This allows for a diverse range of opinions and preferences to be represented within the network.
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Martina
Thu Dec 19 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing cryptocurrency.
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Chloe_thompson_artist
Thu Dec 19 2024
The Bitcoin network is decentralized, meaning it does not have a single owner. This is akin to the technology behind email, which is also not owned by any individual or entity.
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