While most people tend to market bitcoin as being anti centralization, anti govt. so on and so forth, it occurred to me that it might just be centralized too. Seemingly we still have whales out there hoarding not just 1 5 or 10 bitcoins and its many many forks mind you (free Extra money) but with thousands upon thousands of bitcoins.
Bitcoin is not centralized, its still what it is decentralized. Just because it is being held by lots of whales doesnt mean that it has become centralized. The government cannot adopt Bitcoin and thats because of its decentralized nature, it s not owned by anyone or country and there is no particular control unit. Every country cant adopt the same currency, so thats why they are not adopting it.
I think the pints you are making are things that will gradually dissipate over time as Bitcoins are spread to more of the population. Theoretically at some point in the future, there wont be individuals that hold huge numbers of Bitcoins.
Yep, youre right as times goes on a lot of people will start to adopt Bitcoin and it will spread out. Though I have also seen people that claims that its not going to be like that, rather whales will buy up and hold everything and when the time comes people wont be able to buy Bitcoin again. Thats all lies, no time is late to buy Bitcoin, people trade bitcoin every minute and no matter the condition, so such is not going to happen.
