Case in point; investors of the «decentralized» Bitcoin are largely «centralized» in four countries — the U.S., South Korea, China, and Japan — where governments have been pulling
the strings on crypto prices from behind the curtains.
Andrew Gazdecki, CEO and co-founder of Altcoin.io, which recently launched a beta wallet for atomic swapping between
crypto tokens, describes the problem in similar terms, arguing that users should be empowered to hold their own private keys (the alphanumeric
strings that allow users to unlock, access and spend their funds) without relying
on others.