Quote from: FiveG on August 15, 2023, 04:02:54 AM

Most reason why people don't involved in the buying of bitcoin is because of the transaction process its really stressing and it has so many procedure's, before now in my country if you want to buy crypto is very simple you transfer from local account or bank direct to wallet but you have go through a whole lot of process from one channel to another before payment is made and the worst of it is during withdrawal you will discover that the stress of withdrawing your money is a tough one. I believe this peer to peer can be redirect to channel through local banks or account to crypto wallet straight and make more people to involved in investment and trading. Or is there platform one can buy and sell easily without passing rigorous payment system? Please share

Actually, centralized exchanges are the easiest and fastest solutions to deposit, buy, sell or withdraw your bitcoins for multiple time but they cost you your privacy and a chance that exchange may lock your account for unknown reasons. But for one-time use, decentralized exchanges are really more efficient solutions, if you just plan to hold it and not trade frequently. They have already been mentioned many time, so I'm not gonna repeat.

Quote from: Faisal2202 on Today at 08:10:09 AM

Agreed to your point. But if you do not mind then can you please elaborate more why did you said decentralization is not a synonym of Anonymity. What I am asking is I do know that decentralization is not a synonym of anonymity instead decentralization is the main factor that provide us anonymity. Or is it not? People like, you said, many developers really are using centralized platform and they also value decentralization at the same time. That's what you are saying. Because IMHO, If a developer is using a platform (centralized one) then he/she is living one life there but if the same person wants to avoid the centralization in Finance then they chose not to use these platform for Financial purposes instead they chose decentralized financial platforms for that purposes.

Decentralization simply means that the power isn't only in one hand, instead, it's distributed to smaller factions.
This forum is centralized, right? theymos is the owner. If theymos wants to ban me, there is absolutely no one who will be able to stop him because themos owns this forum, he is the main figure. But if we have a decentralized forum where hundreds of different admins, then theymos won't be able to ban me because he isn't that powerful, he needs confirmation of other hundreds of admins to do so.

Quote from: Faisal2202 on Today at 08:10:09 AM

And by acquiring many achievements in decentralized financial platform for financial freedom, people are now encouraged to use decentralized social media platforms not to mention that the volume of users on Decentralized platform is still lesser than centralized social media platforms one. And I am agreed with your points as my thoughts were same.

There aren't people registered on decentralized social networks because they are a new thing, so, where should one spread the message? Meta and Twitter are only options right now. It's not like people were waiting for decentralization to abandon these giant platforms, it's a very difficult task.