Isn't bitcoin centrally controlled though? Bitcoin's monetary policy is programmed into the bitcoin software. This means whoever writes (or wrote) the software controls the policy.
>This means whoever writes (or wrote) the software controls the policy.
1. there are multiple competing implementations
2. it's ultimately up to the users/merchants/miners what software they run. A commit making into the bitcoin core repo doesn't mean it's going to be adopted by the network.
Bitcoin mining has also been centralised since about 2014 - three entities are known to control >50% of all mining, and there's no way of knowing how many of the other mining entities they have effective control over.
1. there are multiple competing implementations
2. it's ultimately up to the users/merchants/miners what software they run. A commit making into the bitcoin core repo doesn't mean it's going to be adopted by the network.