Post
Topic
Board Bitcoin Discussion
Re: centralize money vs. decetralized money (bitcoin)
by
hknknitin
on 19/07/2018, 13:21:22 UTC
In the centralized system, like banks, whole money of yours is put in the market by banks and the government. You really don't have exact idea of what is being done with your money. The whole authority like planning and decision making lies with the top-level management whereas when it comes to decentralized money, the communication flow is open and free. Here decision making becomes relatively faster and the authority lies with multiple people which makes the system limpid.