Post
Topic
Board Bitcoin Discussion
Re: Decentralized System Disadvantages
by
imstillthebest
on 26/01/2019, 02:14:39 UTC
We know the advantages of decentralized however what are the disadvantages of the Decentralized system that we should take note of while using this technology?



Bitcoin have advantages on decentralized system because government regulation can not touch bitcoin and government can not control the transaction data. But the disadvantages this decentralized system is government can not issue regulation on bitcoin if used as currency.

I heard that some countries are now regulating bitcoin but how did that happen ? Because im thinking the same way as you   ,  i thought decentralized means its immune to regulation ?

Anyway , when it comes to disadvantage of decentralized system i think that is the unstableness which causes the price to fluctuate too much and the anonimity which can cause for more fruads and other illegal doings  but i love it better because government arent in control which means its safe from severe manipulation and corruption  .