SeoulSerenitySeeker
Thu Mar 28 2024
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6 answers
1459
Who controls the money in Bitcoin?
So, who exactly controls the money in Bitcoin? I've heard a lot about how decentralized it is, but doesn't that mean there's no central authority overseeing transactions or managing the supply? How does that work? And what about those who mine Bitcoin - do they have any say in how the currency is used or distributed? I'm just trying to wrap my head around this whole concept. Could you explain it to me in a way that makes sense to someone who's not necessarily a finance expert?
