Who Controls Bitcoin ?

So let’s Understand Bitcoin is Controlled By Whom ?

Bitcoin is a digital currency created in 2009 by a programmer named Satoshi Nakamoto. It’s decentralized, meaning there’s no central authority or government control. Transactions can be made from anywhere in the world with a few clicks. There’s no way to reverse transactions or stop transactions once they’ve been initiated. The system uses a public ledger called the blockchain to record every transaction ever made with bitcoin. The blockchain is a shared database that everyone has access to. This means that all transactions are transparent and can’t be changed. Because of this transparency, it’s impossible for anyone to create fake money. Bitcoin is also pseudonymous—meaning that you don’t have to reveal your real name when using it.

Of the 19 million bitcoins that are in circulation, 95.89% of them are in the hands of their owners. Nominal Percentage Approx 4 % of wallets control Majority around 96 % of all bitcoins in circulation. There are 7.9 billion people in the world and 106 million of them use cryptocurrencies. Only a small percentage of the 106 million people in the world have control of the digital currency. The small portion of digital gold that was brave and adventurous had the audacity back then. It is almost impossible to make money with the digital currency. Hold it until the present day because it was easier to buy in 2010 and 2013. Read More