Quote from: cr7 on October 08, 2018, 05:08:28 PM

Quote from: CPetersson on August 30, 2018, 07:49:32 PM

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?

Gold, too, in fact, is not centralized until it is extracted. If the country approves bitcoin, it will clearly begin to produce and increase the number of bitcoins. And this will be followed by a shortage of bitcoin and the price will increase progressively!

Increased the number of bitcoins? What the heck! Even how bitcoin would be adopted on a certain country they might have the control but not coming to a point on adding up the supply.Seems like you
don't have much idea on how bitcoin or crypto works basing on the things you are saying on here. Adoption is possible but being centralized is really contrary on whats the true purpose on why crypto is created.