Development – Is the blockchain a trusted third party in Bitcoin?

I would like to know your opinion about the article I read and the doubts I left here.

One of the greatest achievements of self-proclaimed “Bitcoiners” is that Bitcoin has eliminated third parties. But I think this is a mistake. This is because Bitcoin uses blockchain.

And blockchain is a public ledger that centralizes all transactions.

The difference between the current “Bitcoin” system and traditional financial systems is that nothing is open and transparent. Today it is.

but… Has the trusted third party actually been deleted? Or are we lying and thinking about ourselves?

Note: In theory, blockchains are decentralized, not decentralized. All information is public

I recently read the following excellent article in Nature: “This article explains how Bitcoin’s digital currency and network technology functions and explores the context from which Bitcoin emerged. Bitcoin was designed as an attempt to alleviate trust in governments and banks that had fallen during the 2008 financial crisis. ….)”

Continue here: “(…) But in Bitcoin, trust does not die, but rather moves. It moves from trust in banks or countries to trust in algorithms and cryptographic software. (…)”

Continue here: “(…) We are moving from traditional trust in the gold standard (“In Gold We Trust”) to trust in our currency (“In God We Trust”), and trust in software and networks (“In Digital”). “). We trust”.(…)”

And here: “(…) Hyperbole in Bitcoin discourse is seen as an expression of Californian ideology, which often conceals right-wing agendas” (…)

And here: “This paper analyzes the hype celebrating decentralized digital networks. It suggests that a form of network fetishism is at work here.(…)”

And here: “(…) The reason Bitcoin fails both as a currency (rather than a commodity stockpiled in a creating bubble) and as an idea is how an ultra-modern digital network can be used to control the very traditional integration of power and capital. (…)”

And here: ” (…)The rise and fall of Bitcoin in terms of its original ambitions serves as a warning in the digital age: it shows how original innovations that can challenge the consolidation of power and capital are adopted and colonized. Finally, , this paper provides a discussion of the progressive use of digital technologies promoted by Bitcoin”(…)

so Has the trusted third party actually been deleted? Or are we lying and thinking about ourselves? Or how does Bitcoin prevent the accumulation of money and power? Alternatives to Bitcoin still present signs that Bitcoin has failed.

I recently read the following excellent article from Cambridge University Press: “We distinguish between centralized, decentralized and decentralized payment mechanisms. Centralized payment mechanisms use trusted third parties to process transactions. Decentralized payment mechanisms process transactions between the parties involved. Decentralized We argue that Bitcoin is not a centralized or decentralized payment mechanism, but instead considers the decentralized and centralized aspects of the broader Bitcoin payment space.

reference

• Posted on February 13, 2018. We Trust Digital: Bitcoin Discourse, Digital Currency, and Decentralized Network Fetishism. John Baldwin.
• Published online by Cambridge University Press, March 20, 2020. Is Bitcoin a decentralized payment mechanism?