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6min chapter
Basics_10: How Bitcoin COULD Fail
Blue Collar Bitcoin
Centralization versus Decentralization
Examining the drawbacks of decentralization, this chapter discusses the challenges faced by decentralized communities like Bitcoin in reacting and changing quickly compared to centralized entities like the US government. It also explores the potential restrictions on Bitcoin ownership in developed nations as a response to the fear of losing control over monetary and fiscal policies.
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