Is Bitcoin Still Decentralized? The Rise of Institutional Control

Hello friends, how are you, hope you all are well, I am also well and I have come in front of you all with a new post, hope you will like it and will give it the same love as you have been giving to the old posts, thank you.

Source

Look, many things are changing around us and the thing that is changing very fast is the value of e. Yes, our purchasing power is gradually decreasing. The government is also understanding this and it is thinking a little differently from its traditional face, see some governments have already started doing this. Still, now gradually some big countries have also started doing this, maybe you must have also heard about this news when Trump made an announcement and since then a perfect pump has been seen in the entire crypto market. Look, there is good news but there is also bad news. The good news is that the price of crypto is increasing and such people are very happy because the crypto market has been going down for the last few years and people's portfolios have become very negative. I hope that now people's portfolios have become positive.

Look, cryptocurrency like bitcoin was created so that no one can control it and it remains decentralized and no centralized authority can control it, but in the last few years we have seen how big institutions, all forms and other private companies are buying this bitcoin in large quantities and they want to control it in a way, but maybe they cannot do this because attempts have been made to do this before. Look, when the government or big multi-billionaires enter this game, then there is nothing left for the small fish. It is often seen that whenever a big player wants something in a project, then the earnings of the small players decrease.

Yes, the bigger the portfolio you come up with, the more profit you will make, but see, nowadays it is often seen that if you are famous and you are very rich, then you can manipulate things very well. In the last few years, Elon Musk also used to do the same and Donald Trump is making money. Whatever the United States does, everyone keeps an eye on it and I hope that after the United States takes a step, India will also make a provision to give some relaxation in cryptocurrency, let's see what happens.