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Isn't bitcoin centrally controlled though? Bitcoin's monetary policy is programmed into the bitcoin software. This means whoever writes (or wrote) the software

• davidgerard 5y ago
  Bitcoin mining has also been centralised since about 2014 - three entities are known to control >50% of all mining, and there's no way of knowing how many of the other mining entities they have effective control over. "Decentralised" is a phantasm.
  • miracle2k 5y ago
    Yes, similar to how the US presidential election is centrally controlled because only 51 entities are voting.
• gruez 5y ago
  >This means whoever writes (or wrote) the software controls the policy. 1. there are multiple competing implementations 2. it's ultimately up to the users/merchants/miners what software they run. A commit making into the bitcoin core repo doesn't mean it's going to be adopted by the network.