Cryptocurrency Q&A What controls BTC?

What controls BTC?

Valentino Valentino Mon Dec 23 2024 | 6 answers 1613
I'm curious about what exactly controls the value and fluctuations of Bitcoin, commonly known as BTC. Is it market demand, government policies, or some other factors? What controls BTC?

6 answers

HallyuHeroLegend HallyuHeroLegend Wed Dec 25 2024
Multiple stakeholders are involved in its governance.

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MysticEchoFirefly MysticEchoFirefly Wed Dec 25 2024
Developers play a crucial role in writing the code that powers Bitcoin.

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Andrea Andrea Wed Dec 25 2024
Miners are responsible for validating transactions on the network.

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Starlight Starlight Wed Dec 25 2024
Bitcoin operates in a decentralized manner.

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Valentina Valentina Wed Dec 25 2024
It is not controlled by any single entity or individual.

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