Post
Topic
Board Bitcoin Discussion
Re: DECENTRALIZED OR CENTRALIZED?
by
BennyK
on 15/11/2018, 00:17:35 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?


im afraid if bitcoin become centralized, it will be profiting for some parties only. Bitcoin should be used by everyone in the world because its decentralized.
My perspective is cryptocurrency should remain decentralized so there is no one can control the cryptocurrency.
Centralization about unfair distribution of worth where those in control can manipulate and draw much of it to their side. Bitcoin is controlled by users and not any centralized authoritative body, hence it ensures a fair share where users have full control over their own transactions and money.