Quote from: BitcoinCommodor on October 11, 2018, 07:04:28 AM

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?

Why would cryptocurrency be centralized when its already decentralized and fiat is centralized? They are both the way they are meant to be, and if any country considers Bitcoin a legal tender it does not have any impact cause things will still be the way they are, its still going to end with some countries not accepting it and some accepting it. And thats how it has been.

This is reality to embrace, we do not need to change a thing just to be considered, cryptocurrencies needs to stay in its form and from how people understand the usage of the system, government intervention is to protect their citizen not to be being scam and not to threatening their own fiat
system, they need to be outside cryptocurrency, implementation needs to not to interfere with the main purposes.