You have Transferwise and Western Union for this, the latter being there for over 100 years and still in use.
Before you argue about WU fees, Bitcoin's fees are no better than Western Union's, hence Transferwise.
> You present a strong claim that they "ARE still centralized and manipulated, especially Bitcoin". Please present concrete evidence.
Princeton University concluded in a study that the bitcoin network is 50% controlled by 5 of the 6 bitcoin mining companies [0] [1] so how is Bitcoin decentralised If it is becoming more centralised by mining organisations and if most of the hashing power is centralised in China?
That seems to be that means that Bitcoin isn't really decentralised then no?
5 of 6 mining companies own 50%. Id be much more concerned if it was a single mining company owning 50%. I think you are the one unable to admit it isn’t centralized.
By definition it isn’t centralized. Even in the current state.
Before you argue about WU fees, Bitcoin's fees are no better than Western Union's, hence Transferwise.
> You present a strong claim that they "ARE still centralized and manipulated, especially Bitcoin". Please present concrete evidence.
Princeton University concluded in a study that the bitcoin network is 50% controlled by 5 of the 6 bitcoin mining companies [0] [1] so how is Bitcoin decentralised If it is becoming more centralised by mining organisations and if most of the hashing power is centralised in China?
That seems to be that means that Bitcoin isn't really decentralised then no?
[0] https://www.bloomberg.com/news/articles/2020-01-31/bitcoin-s...
[1] https://arxiv.org/pdf/1810.02466.pdf