Pages:
Author

Topic: centralize money vs. decetralized money (bitcoin) - page 6. (Read 1618 times)

newbie
Activity: 154
Merit: 0
Decentralized money is definitely more attractive than centralized banking systems, Banks tend to give their money and demand high interest rates for what they kill, but only provide a small portion, like interest, decentralized money, on the other hand can quickly get a benefit for a short period of time.
Of course it's better to decentralize money, it make more convenient. It is decentralize! It means that there is no hassle. Even if you are at home you can do any transaction, and another way to earn extra income without tax.
newbie
Activity: 131
Merit: 0
Of course, for an average person, a decentralized financial system will be much more profitable. However, the ruling elites do not benefit from this, because of which we see a large number of countries where bitcoin is being injected, or crypto-currencies in general.
member
Activity: 172
Merit: 10
Who the fuck prefers fiat money instead of decentralized money AKKA bitcoin or any other crypto coin? 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.
full member
Activity: 348
Merit: 100
      Centralized money means it is controlled by a third party involvement and decentralized money means it is not controlled by a third party it is a peer to peer form of transaction .Centralized  platform means all the information's of the data should enter into a central point that means that we have to send or receive information through the central point only .Decentralized platform needs no information's to enter a single point since it is a peer to peer mode of transaction.
member
Activity: 198
Merit: 10
Decentralized money is definitely more attractive than centralized banking systems, Banks tend to give their money and demand high interest rates for what they kill, but only provide a small portion, like interest, decentralized money, on the other hand can quickly get a benefit for a short period of time.
sr. member
Activity: 1428
Merit: 251
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?

In my opinion, our monetary system right now is not capable to handle economic crisis. Central banks as central monetary system sometimes not transparant with their policy and just printing more paper money to boost economic growth.
full member
Activity: 294
Merit: 100
Your professional profile on the 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?
In my own perspective, i would choose decentralized rather than centralized system in money regulation. Because with that decentralized system, we can have a absolute power to our own money and assets no matter what happen.
legendary
Activity: 1316
Merit: 1145
they are afraid to put money on bitcoins, because they are less understood with technology or don't understand technology. different from real currency, even people who don't understand reading can understand about real currency, because from the first everyone in the world using the real eye, and the state organize it. so it has a guarantee and rule of law. while bitcoin, this newborn. and only thrive on computer and internet networks. so not everyone knows it. and there is no regulation from all countries.
full member
Activity: 224
Merit: 100
https://eloncity.io
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 the best idea is using both of them. It is very simple. If you work somewhere you can safe for 50% of your money by Cat and the other you can invest into bitcoin for example. You will get benefit from all these two parts.
full member
Activity: 434
Merit: 100
When looking at it, they both have their advantage and disadvantage. Centralization have lot;s of manipulation and people have refused to notice that the banks now deals on electronic money which can easily be manipulated unlike before. Everything is all digits now and who says that they are worth that amount they claim is in their reserve. Decentralization gives power to the people but what can't be controlled will always be misused. Theft and hackers everywhere which some still thinks that a bit of centralization needs to be in place.
hero member
Activity: 1305
Merit: 511
If you compare centralised money and decentralised money, decentralised is the best one.The centralised coin price is controlled by some one else. But decentralised coin is free from individual control.Most of the people prefer to inverse in decentralised currency.
newbie
Activity: 490
Merit: 0
Well, few years earlier people were afraid to keep money in a card. But today they are using it as they did for fiat money. Many are saying of crypto that these are virtual not trusted, but one day they will use it and will feel secure.
newbie
Activity: 47
Merit: 0
For me i would prefer decentralized because decentralized are not controlled by the government you can do whatever you  want to do with your money...
hero member
Activity: 840
Merit: 520
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?
Centralised money is what paper currency is, all the Fiat currency is centralised currency which is approved by the government of their respective nations and now a days these currencies are been in use for having general transactions and on the contarary decentralised currency is all crypto currencies which is not approved by any government, though there are few nations who has legalised crypto but if we look for the globally then crypto currencies are still decentralised currencies.
legendary
Activity: 1120
Merit: 1000
Centralize money are know as physical currency which are created by national of their own where as decentralised money are known as electronic currency. Centralize money are under control by a nation or a person or authority where as the decentralised currency is not control of any kind of authority or person. Centralize currency are controlled currency so it is less volatile so its is less disturb in its production and distribution where as decentralised currency are uncontrolled currency so it is highly volatile in nature.
newbie
Activity: 149
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?



The debate of decentralization vs centralization is always polarizing. Decentralization is seen as a good thing in the cryptocurrency world. It turns anything that’s normally controlled by overbearing centralized authorities into a slippery eel that’s hard to shut down on.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
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?

Decentralized money is way better than centralized ones.  The advantages are just too numerous to count.
The major advantage of decentralized money over centralized ones is that the government don't get to control it. Individuals control their money with no interference from the government or other regulating bodies. Another advantage is that there is no payment of taxes over all transactions mad using decentralized currency and so transactions can be made freely without any fear of taxes.
Banks' transaction fee over centralized money is just way too much. Imagine a bank charging over $700 on a transaction of $5000 whereas the highest transaction fee you can be charge when transacting using decentralized money is less that $30.
newbie
Activity: 47
Merit: 0
 Wink Wink My thoughts are just like you. There is no reason to be afraid of fear. There will be another time to come again once. If you do not get a rick, it can not be beneficial.  Wink Wink
member
Activity: 336
Merit: 10
I think that most people would agree that today it is better to give preference to the decentralized money due to the obvious reasons. First of all, it provides you with the better security level and you get more freedom being able to manage your money.
member
Activity: 223
Merit: 10
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?

Centralize money is the one we are currently using or the paper money, decentralized is the digital money that is stored in a system which can be access online. And it is decentralize because it is not manipulated by any government, and no third party involve when it comes to transactions.
Pages:
Jump to: