Who decide the structure of Bitcoin?

[Sincerem]

Bitcoin is a crypto currency that serves the purposes of a digital currency which is acceptable for trading activities that is for buying and selling and for other much broader tasks. Since the Bitcoin operates on a decentralized protocol that is it has no known CEO and is not operated by any financial institution. The Satoshi nakomoto is a pseudonym for a group of developers who made the crypto currency Bitcoin available by to its investors who saw it as breakthrough in the modes or means of carrying out transaction.


Bitcoin as a crypto currency naturally evolves around the broad consensus of its users, there many involved in the decision making of what Bitcoin is which varies from developers, wallet providers, miners , exchanges , Independent node operators, custodians and end users.


Users are in a web of vital power struggle where there are checks and balances to prevent any group from uniting enormous power or influence.

 

[HayKay]

Well the structure is determined by the users or the community as they're fondly called. That's why there's high volatility around always in the prices.
This is the intention to which it was created and it still is being kept that way.

 

[Lens]

The structure of the bitcoin was designed by the powerful developers who remained anonymous. This developers used the blockchain technology to achieve their target. The supposed creator, Satoshi Nakamoto remained anonymous too.

 

[Ononivami]

The bitcoin is influenced by various factors . The bulls and the bears determine the fate of bitcoin. The bulls would push it up while the bears would pull it down. The structure is basically driven by this.

 

[Josephjossy]

I think nobody decide anything when it comes to crypto. it have been build and the price is been decide by the market value, that is the rate of the demand and suppy

 

[Syldan]

Actually bitcoin is a digital currency and a means of exchange it's not control by a single individual because it's decentralized and not one has total control over it operation not even the government.

 

[Bookwormlux]

It is decided by people who are trading it because no single individual has greater influence on any cryptocurrencies than the greater percentage of the people who are investing in it.

 

[Ononivami]

The structure of bitcoin is decided by the investors. The bulls and the bears run the market and they are the major determinant of the bitcoin and cryptocurrency market at large.

 

[Busybee]

The public name given for the creator of Bitcoin is Satoshi Nakamoto, but many believe that it's Elon Musk. It can be actually true since Elon is one of the most capable minds in the world. Who else can actually create something as radical as Bitcoin? I believe whoever structured it, has thought about almost everything and they came up with this brilliant financial tool, which can bring power back to the people and the masses.

 

[Setho]

Bitcoin as a currency is something that is not centralised and as such it is not controlled by any central figure. Everything about it is open and completely transparent and that is why people like it a lot.

 

[joy101]

I think the structure of bitcoin was designed by powerful developer that is why many people like investing on it, because it was transparent actually bitcoin is a digital currency.

 

[Setho]

No one knows any particular information about the people who created bitcoin and how it was being set up. They have just been using a particular Elias and nobody has been able to trace them or even know about their whereabouts.