as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
explain why bitcoin is a decentralized system.
user
bitcoin is a decentralized system because it operates through a network of computers distributed around the world, rather than relying on a central authority or server. this ensures that no single individual or organization can take control of the currency or have access to all the information about it. it also means that the system can operate independently of governments and other organizations.
assistant