Cryptocurrency has revolutionized the way we perceive and interact with finance, and its impact on society cannot be overstated. This decentralized digital currency has brought about significant changes in various aspects of life. Firstly, it has provided individuals with an alternative to traditional banking systems, allowing for faster and cheaper transactions across borders. Cryptocurrency also offers enhanced privacy and security, mitigating the risk of identity theft and fraud.
When you mentioned cryptocurrency in general and then dive into decentralization there may be some mixed up and wrong conceptualization of both terms, because cryptocurrency is a general name but not all cryptocurrencies are decentralized, so if you want to discuss on the role decentralized cryptocurrencies have done it the means you need to point out 1 or more of those decentralized digital currencies such as Bitcoin etc.