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Topic: centralize money vs. decetralized money (bitcoin) - page 2. (Read 1618 times)

member
Activity: 258
Merit: 32
Centralize money come with oppressors and dictators while the decentralize money come with freedom and full control. There is a distinct difference between the two types of money and for those who cares about their freedom should embrace the decentralize financial system than the centralize system. With Bitcoin, you are in control, have the authority needed for your accounts and authorization immediate.
legendary
Activity: 2282
Merit: 3014
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?

Everyone needs to have a financial plan in place and have money IN THE BANK before they should ever consider buying bitcoin or some other cryptocurrency.  There is a difference between the two in terms of investment wise.  Cryptocurrency is a means of payment as well as a speculative investment.  One should have their retirement on track with a proper portfolio made up of financial instruments, as well as have several months of rent/utilities etc on hand inside of their bank account.  Then and only then is it wise to buy cryptocurrency.
newbie
Activity: 13
Merit: 0
Central and decentralized funds each have their advantages and disadvantages, so you choose which is better, and not necessarily that who chooses centralization means that decentralization is bad.

The economy is receptive and you need to have a lot of assets so invest in gold, silver, bitcoin, altcoin, money, stocks, real estate and other financial activities.

bitcoin and altcoin is investment and you have your way to invest or not.
newbie
Activity: 40
Merit: 0
These days there are many options to keep your finances, including various types of money. There are also precious metals, real estate and much more. In our world, there can be no 100 percent better option, as everything changes. Also, each option has its pros and cons. I believe that the best option would be to save money in several ways at once, this increases your chances of success and minimizes the chance of becoming bankrupt.
full member
Activity: 224
Merit: 100
https://eloncity.io
decentralized is monero Wink Wink Wink
newbie
Activity: 29
Merit: 0
It is much better to centralize money than to decentralize because in terms of centralize everything in the business transactions are in the proper places and it is distribution properly.

Yes, it is much more better to have a centralize money but I think right now we are way to far from reality.
full member
Activity: 658
Merit: 108

We cann't simply ignore, at present, the importance of fiat currency or centralized money because this kind of money is still more stable than cryptocurrency, but, with the passage of time cryptos will solve the  problem of high volatilty and create a new monetary system that is more transparent  and fair.



Yes, the fiat money is more stable than cryptocurrencies. But it is not always stable. There are many countries facing big inflation. Fiat money can be easily printed.
newbie
Activity: 140
Merit: 0
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?
I guess decentralized money has a few advantages over centralized money, like any can invest in this with a basic knowledge of block chain and crypto currency, not regulated and easy to handle.
hero member
Activity: 826
Merit: 523

We cann't simply ignore, at present, the importance of fiat currency or centralized money because this kind of money is still more stable than cryptocurrency, but, with the passage of time cryptos will solve the  problem of high volatilty and create a new monetary system that is more transparent  and fair.







sr. member
Activity: 882
Merit: 282
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , we can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?
Governments are in favour of centralized system as this is the only way political leaders and politicians can have control over the monetory system and humanity.  The bank that owns the centralized financial system are always out to make profits by using the third party to manipulating the money market to they advantages and governments. 
The decentralized financial system on the other hand create equality and that is what we need now to make people progress in their daily activities.  The decentralised is reable and transparent and many of us can benefit from it by just little knowledge and understanding on how it works.
newbie
Activity: 15
Merit: 0
Decentralization of money is a better option. Centralization equals more power to the small group of people. That is how our current system works. It is not good for society. Decentralization brings everyone to the same level.
ict
sr. member
Activity: 466
Merit: 250
In my opinion. both are very important for all countries and for economic progress in each country. financial development in the world is inseparable from conventional currencies which are centered on the system of a central bank in each country. with the continued development of technology, crypto currencies emerged that were not centralized. This currency is very useful to make it easier for anyone to carry out economic activities. and can help all countries to develop a digital economy.
full member
Activity: 812
Merit: 108
When we say decentralised money that's there is no existence of particular money in the system because there is no authority who can control the liquidity of the decentralised money. one the other hand fiat money has authority (central bank) who has control over the supply and liquidity of the fiat.
newbie
Activity: 70
Merit: 0
Hi guys nowadays most people still arguing which is the best centralized or decentralized? , well if we go back in traditional and old times centralized money is the best because we can handle it , w.e can keep it. but today bitcoin is very popular because its decentralized . and its very convenient . however many of us still afraid in this new type of money which is virtual because it might lose or somewhat but it still similar on cenralized money that might steal or lose. also many financial analyst still advicing about putting your money in bank ? like hell ! ? investing in decentralized much better than  putting your money in bank 1% or 2% monthly ? fuck .. whats your thoughts?

I think some people do not understand how the decentralized system works and they are scared of making the wrong decision that will lead to losing even though they knew that the decentralized system helps them gain more profit. That is the reason why they still stick to using the centralized system where bank take control of it and they believe that centralized is the safest options.
full member
Activity: 1750
Merit: 118
The difference between centralized and decentralized currency is quite and as far as I know, decentralized currencies are far better than centralized currencies. Fiat money is good but there are a lot of solutions it cannot offer as things are changing fast. Digital currency is an innovation that is far ahead.

both currency are still useable on different environments . mainly decentralized currencies can work online but centralized currencies are usually being used offline but if i were to choose one between them id say i go with centralized money such as fiats because i dont really use or buy a  bitcoin but rather i only use fiats to buy and save money  .  centralize money is also more legal which means anyone can recognize it and i can easily use it whenever or wherever i go  as it supported by many exchanges  around the globe  .
full member
Activity: 316
Merit: 100
centralize money vs. decentralized money (bitcoin) has its own role, they can go hand in hand and support each other. And now it's been proven, many people use bitcoin as a payment tool.
newbie
Activity: 28
Merit: 0
Decentralized money, for sure. That’s the key feature of cryptocurrencies, correct?
Cryptocurrencies are striving to be a global currency that is unaffected by regional economic ups and downs, and no single country or corporation can influence or moderate the cryptocurrency. Being decentralized ensures that no one can truly own the cryptocurrency. And this is what makes cryptocurrency special.
member
Activity: 616
Merit: 18
📱CARTESI 📱INFRASTRUCTURE FOR DAPPS
I must pick decentralized over centralized, I don't want someone to rule the money again. And the perks of using decentralized money over centralized money is it never handled by a government or an organizations. It is managed and controlled by the community itself.
hero member
Activity: 1470
Merit: 555
dont be greedy
so it all depends on your use of the existence of cryptocurrency itself, if you use cryptocurrency as a payment tool, maybe you no longer need an understanding of being centralized or decentralized, because at that time your money will be used instantly
but if you demand transparency, then the answer is decentralized is better than centralized, because we are given valid and published data, so that transactions are also more reliable
member
Activity: 392
Merit: 10
The difference between centralized and decentralized currency is quite and as far as I know, decentralized currencies are far better than centralized currencies. Fiat money is good but there are a lot of solutions it cannot offer as things are changing fast. Digital currency is an innovation that is far ahead.
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