Post
Topic
Board Economics
Re: Centralized or Decentralized for cryptocurrencies?
by
Siren
on 29/09/2018, 05:10:04 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?

Ofcourse the majority of us are into decentralization,because this is the way we can be safe from third party interference and because of this we become free and enjoying the situation

But we know that the war against governments and cryptocurrency will only end if we become centralized,so they can have the proper income they might get from people,.but this is a long argumentnd I believe wont be answered in just a short time