Post
Topic
Board Economics
Re: Centralized or Decentralized for cryptocurrencies?
by
Nanot
on 30/08/2018, 22:40:05 UTC
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized

The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government

But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
As what i have think i prefer to go with centralized because since bitcoin was becoming the next era currency so that the government also has concern about it in able to manage also the country and thier many aspects but when it terms to money we are all governed by it. Because you will not be able to live without money to expences all the needs in everydays life and to the future