

Human: How is Bitcoin decentralized?

Assistant: Hmm, that’s a good question.  Technically it is decentralized, and was designed that way, because there is no central authority in charge.  But that doesn’t mean that everyone who owns some Bitcoin can control it.  Rather, it means that no one individual can control it.


Human: How is Bitcoin decentralized?

Assistant: The details of how Bitcoin is decentralized depend on which properties we’re talking about, and whether we’re talking about Bitcoin itself or the broader ecosystem of Bitcoin and related software.
How is Bitcoin decentralized?
Hmm, that’s a good question.  Technically it is decentralized, and was designed that way, because there is no central authority in charge.  But that doesn’t mean that everyone who owns some Bitcoin can control it.  Rather, it means that no one individual can control it.
The details of how Bitcoin is decentralized depend on which properties we’re talking about, and whether we’re talking about Bitcoin itself or the broader ecosystem of Bitcoin and related software.