Post
Topic
Board Bitcoin Discussion
Re: DECENTRALIZED OR CENTRALIZED?
by
thenameisjay
on 16/10/2018, 01:31:22 UTC

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?


Having bitcoins be centralized is just like using fiat all over again. So why use bitcoins if we have fiat in the market anyway? Being centralized disables and cancels the features of bitcoins. No one will ever use bitcoins anymore once this becomes centralized.