For me I want decentralization ,I dont want government control us especially in the transaction money.But it also depends if what rule can government gave to us if they are againts on it its better to be decentralized and work it on our own.
maybe with good cooperation and the government only supervises if indeed the government wants to regulate that no one should be harmed and run and cooperate positively of course 
Topic: Centralized or Decentralized for cryptocurrencies? - page 2. (Read 2279 times)
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
Gold, too, in fact, is not centralized until it is extracted. If the country approves bitcoin, it will clearly begin to produce and increase the number of bitcoins. And this will be followed by a shortage of bitcoin and the price will increase progressively!1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
don't have much idea on how bitcoin or crypto works basing on the things you are saying on here. Adoption is possible but being centralized is really contrary on whats the true purpose on why crypto is created.
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
Gold, too, in fact, is not centralized until it is extracted. If the country approves bitcoin, it will clearly begin to produce and increase the number of bitcoins. And this will be followed by a shortage of bitcoin and the price will increase progressively! 1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
The main problem for btc to become a government's legal tender is the absence of regulatory environment which is typical of all other traditional mediums of payment.1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
The respective legal framework has to be created "from ground zero", as there are no similar historical precedents that might facilitate the process of btc adoption.
In now a days Decentraized is much more effective on the investment and also on the business because of the fair and balance traits to both user and developer. most of the Markets is applicable on the Decentralized because this give a low cost on transaction fee also both buyer and seller concers are treats fairs and can suggest on what best on the project. and the you dont need a middle man for your transaction this are the benefits on decentralized.
I would say that the innovation of decentralized cryptocurrencies has done something that has ever happened in the history of mankind that we are able to trust the group of unknown people more than the familiar faces. Thus it gives us the power to control and manage the projects along with the control and power to amend it. That's why decentralized cryptocurrencies always have something more to offer as compared to that of centralised crypto/currencies.
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
Many people want that cryptocurrency is decentralized because the people don't want to have any interaction with the government and they don't want to be control by the government otherwise they want to be free, because if the crypto is centralized the government may rule crypto so that the people don't want to happen that way. 1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
1st: Centralised Currency
2nd: Decentralised Cryptocurrency
There is not centralised cryptocurrency i think that also the currencies which has some of the relations with the government are centralised currencies like the national fiat currency you use.
There is a lot of difference between currency and cryptocurrency.
Understand the difference and you will get your answers.
1st: Centralised Currency
2nd: Decentralised Cryptocurrency
There is not centralised cryptocurrency i think that also the currencies which has some of the relations with the government are centralised currencies like the national fiat currency you use.
There is a lot of difference between currency and cryptocurrency.
Understand the difference and you will get your answers.
Bitcoin is decentralized currency and it is good feature of bitcoin and crypto and many of users are holding bitcoin which is i like because i am using crypto for many transactions in past i have hired many online softwares for the office i have paid in bitcoin and i like other coins for investment. I like it for decentralize nature.
What is the point in having a centralized crypto-currency? We already have fiat-based digital currencies such as Paypal and Visa. So what makes a centralized crypto any different from these? The main purpose of Bitcoin is to prevent the monopoly of the central banks. A centralized crypto won't be able to perform that.
Eitherway, I'd think that governments and businesses will get on yhe crypto currency gave even if crypto currency is decentralized. I'd guess that a country not accepting Crypto currency will make their own so they'll still have a semblance of control, but if adoption is the problem, i would say that it is not i but when.
If any government approves the BTC as legal tender then it doesn't become very much centralised as you may think like that because they are just giving you permission to use the Bitcoin and do whatever you want to do with it the usual way. This means all the operations related to bitcoin and its use will remain the same and government wont be making any changes to that and they cant do that because its decentralised and thus forbids from doing that. All they can do is impose the external laws, for example, placing the taxes on the trades, making changes to the way we can have limitation on the fiat and crypto conversions etc etc. So bitcoin doesn't really get affected with it if government is making any changes to it.
I think decentralized is the best option for cryptocurrency. It will keep from controlling supply and for transaction data safety. If centralized, government or company can change their own term. I am prefer choosing decentralized for cryptocurrency because data safety
I prefer crypto centralization. because crypto will be better if centered and regulated by the authorities to regulate crypto itself.
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
certainly it will affect the price positively, people will be confident to invest large sum of money of which adoption will increase due to government approval. 1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
I will always want to be in a decentralized type of system, thats why bitcoin was created so that no one can control over it. Everything would be fine and free if we are in a decentralized market. No one can manipulate and dictate the course of cryptocurrencies values.
In my opinion, the only thing that makes people think is money, it doesn't concern them whether it is decentralized or not. Capitalism has created greed in everybody. Nobody else thinks anything but money. The reason of Bitcoin's creation was not the profit. 
We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
Whether or not the government approve Bitcoin as a legal tender it does not matter because of the fact that Bitcoin is a decentralized asset. It's just that they will regulate exchanges to counter the so called money laundering thing and also Bitcoin used in any illegal activities. But even though they has strong implementation of law against Bitcoin or cryptos I don't think they can control it totally.1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
So I think it is way better to assume that we are never going to get a full approval from most governments of the world and that they are going to try to make the subject even more difficult to understand by releasing their own currencies but it doesn't matter because cryptocurrencies are going to be beat them.
I think to be safer and more comfortable you can use centralized exchange because I think that using the decentralized method is very vulnerable at times to hacking.
Formally the decentralized aspect of the cryptocurrency like Bitcoin was more desired and was considered as the property that will allow the users lower cost and escape taxes but this had other disadvantages as well. Right now, majority of the people are talking about imposing regulations and this if on one hand can make the investment a bit more secure and can remove the air of uncertainty is the loss of value on the other hand in the form of tax. Jump to: