Bitcoin Hard Fact Edition 1 - Fact #14
Bitcoin's decentralized architecture affords it resistance to censorship and government intervention, ensuring transactions can be conducted freely across borders without reliance on a central authority. However, this decentralized nature poses challenges in scalability and governance, as decisions regarding protocol upgrades and network improvements must be made through consensus among participants, often leading to debates and occasional forks within the community. Despite these challenges, Bitcoin's decentralized model remains a cornerstone of its value proposition, offering individuals sovereignty over their finances and fostering resilience against external influence.
