This kind of "pseudo-centralized" is decentralized. When the "central authority" gets all of its power from individual participants who choose to follow it, and those participants are free to change the authorities at any time, that's a decentralized model. Bitcoin isn't centralized just because everyone has to agree on which transactions are valid.

It's interesting how this suddenly shifts into "journalistic independence" territory - what about who reports on that? What if some influential source would receive some financial aid for proper reporting?