Bitcoin Becoming Centralized: A Critical Analysis

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Bitcoin, originally designed as a decentralized digital currency, is increasingly showing signs of centralization. This trend raises concerns about the core principles of the Bitcoin product.

One major factor is the concentration of mining power in a few large pools, which could potentially control the network. Additionally, regulatory pressures and institutional adoption are pushing Bitcoin toward a more centralized structure.

As a result, the future of Bitcoin as a decentralized product is under threat, and users must stay informed about these developments.