Decentralization doesn’t necessarily mean chaos. And freedom is not always disorder. I mean, consensus and collective planning are not the worst in this world. There is talk of the Bitcoin market. It speaks of historical data, minima and maxima. Diagrams are analyzed and projections are made with data. Most of it, however, is illusory. The truth is that our information is terrible. The data is unreliable, the narrative is misleading, and most of our assumptions are wrong. The price is the same for an exchange. And at the same time the price is different in another. This is a very fragmented market. Therefore the information is fragmented. The manipulated data is mixed with the non-manipulated data and everything becomes contaminated. What is the solution?
Unlike traditional markets, Bitcoin is not traded in a central market. There is no New York Stock Exchange or Nasdaq. Bitcoin relies on independent exchanges around the world. This is an advantage in many ways. However, this can also be a major disadvantage. This “informality” implies that the market has many blind spots. Consequently, due to the lack of reliable information, it is very easy to manipulate. There’s a problem there.