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Topic: centralize money vs. decetralized money (bitcoin) - page 5. (Read 1618 times)

hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
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 think decentralized money is way better than the centralized. because, it can give us more freedom and flexibility in our assets. Beside that, with the decentraized, it can reducing the role of third party that can make the costs more expensive.
sr. member
Activity: 1134
Merit: 342
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?

there is no need to discuss this. Of course Bitcoin. However, there are some problems that need to be overcome. Central money will reign until then.
full member
Activity: 364
Merit: 101
UChain your best ecosystem!
Here and so everything is clear, if you allow completely decentralized currencies, then the states will fall apart, and which state wants this, and therefore they try in all ways to contain the appearance of decentralized currencies!
newbie
Activity: 39
Merit: 0
In my point of view crypto is not good investment for normal people who dunno anything about crypto. It's simply too risky investment. Most of the people keep their money in the bank, because bank can give him a little extra money, but mainly there is very little chance, that value will somehow drastically decrease. Crypto is good investment just for people who trust, that blockchain will be successful.
full member
Activity: 434
Merit: 102
Of course financial institutions and financial advisors choose Banks to keep their money safe. Unlike the Bitcoin whose properties always go up and down its price.

But I also do not dismiss this circumstance because some of my money is kept in Bank Fiat-shaped, to keep my capital in terms of Bitcoin trading.
newbie
Activity: 14
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There are a lot of substantial differences in centralized money and decentralized money. In the former there is always a top-level authority who decides the investment strategies where in decentralized system, no as such management system is stationed and the system is very much glassy. Flow of communication in the latter is open and free whereas in the case of centralized money, communication flow is vertical.
member
Activity: 350
Merit: 10
Open and Transparent Science Powered By Blockchain
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?
well, there is pro and con in decentralized and cetralized money. I believe both are good way but i do think in the future the old way would not good enough and we do need a development and new things that could makes our transaction faster, cheaper, flexible and also secure. I think storing your money on bank is not for value but more for security and safety of the money. The interest that offered by bank is only to maintain the value of the money from devaluation so if you wanted to invest and gain more interest and with a certain particular risk you should not safe your money on bank.
newbie
Activity: 69
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?
Centralized is controlled by a government or a company. It has value only in the specific area under company or government boundaries. While Decentralized has no connection with any state, government or  is registered on online exchanges and are usually only traded within the crypto community, except for the more mainstream ones like Bitcoin and Ether.
newbie
Activity: 154
Merit: 0
If you want to focus on money for other purposes as well for other projects that you do not want to invest in bitcoin is not a problem but one thing is that you will not have many opportunities to Wealthy by investing in digital money
copper member
Activity: 48
Merit: 0
In the centralized system, like banks, whole money of yours is put in the market by banks and the government. You really don't have exact idea of what is being done with your money. The whole authority like planning and decision making lies with the top-level management whereas when it comes to decentralized money, the communication flow is open and free. Here decision making becomes relatively faster and the authority lies with multiple people which makes the system limpid.
newbie
Activity: 27
Merit: 0
Everyone has the opportunity to grow and enrich their financial aspects without any manipulation and permission of any one in higher positions.
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
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?


It is only personal choice. It depends in what area are you working and for what you spend your money. As for me the best thing will be connect 2 in 1, how centralised and decentralized money for your shopping and all you need.
full member
Activity: 378
Merit: 100
traditional methods of investment should be considered, but not completely, but only for diversification. therefore, it is impossible to be a fully fanatic of bitcoin
newbie
Activity: 238
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?

centralized money is for people who are not capable of being their own bank therefore securing their own finance. It's caused by lack of knowledge and care. If you can't handle decentralized money, don't do it, but don't complain
sr. member
Activity: 602
Merit: 258
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.
jr. member
Activity: 154
Merit: 1
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?

That is a traditional way of saving your money putting it on a banks. Banks are going to get unbundled.  Data is going to get unbundled.  Different processes that now are centralized are going to be unbundled.  That offers a gigantic opportunity for startups.
In free markets where you want a transparent price decentralization is the best way to go. Centralized strategies can work when you have a limited target market that you want to drive deep into. Decentralized markets make better decisions than centralized ones.
 
member
Activity: 294
Merit: 12
Only Financial Advisor that in relation to a bank will choose a centralized money since banking system is manipulate by few entity. Decentralized is the best for all normal people so that we can have all financial freedom.
this is the talk of many countries as the era of modernization continues to evolve for the advancement of life into a big problem that will eliminate traditions such as this currency, and this is one of the causes of some countries that still ban digital money spread in the country about not want to get rid of their traditional currency characteristic of the country.
member
Activity: 311
Merit: 10
Both or them are benificial if you know how to mange it well. Decentralized currency like bitcoin can be trade to centralize money or what we are using, its fiat. As long as you can decentralized money are acceptable, for me, i choose it because it has a high value when you convert or trade it to fiat.
newbie
Activity: 392
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?
Of course centralized system is old but now the time is for decentralized system. The decentralized is a digital method. In the past, centralized methods were used that was controlled. But decentralized method is uncontrolled to anyone. For this reason some people are confused for it. But the decentralized method has invented for not to confuse anyone is has invented for betterment of the world.

Another the banks are still advising to keep your money safe in bank but in bank you have to give them a particular amount of fees. But you do not have to give any fees in decentralized system.Also there is no apologies in decentralized system but you have to give a particular fees for the transactions.
hero member
Activity: 3080
Merit: 603
Who the fuck prefers fiat money instead of decentralized money AKKA bitcoin or any other crypto coin?
We don't have a choice if our countries aren't really adopting crypto's or they are only ignoring it.

Mate, it makes no sense, i am more than sure in that 30% of the people in here prefer crypto instead of fiat for daily needs, it is much more faster.
People here in the forum aren't the total number and population of the world. We're not even close to 10% of total world's population who prefer to use crypto's instead of fiat.
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