bitcoin must be decentralized if it change into a centralized currency it can be worse and crush the idea of the freedom of transaction and that can make us bound with the resctrication again,
Centralize currency means an currency which is control by any government or authority where as decentralised currency means those currency which are doesn't control by any person or authority. In centralize currency you cannot control the growth of the currency and you have no freedom in its use. Where as in decentralised currency you can manipulate the growth of the currency. In centralize currency you have to pay tax to your respective government but In decentralised currency you doesn't have to pay tax. Centralize currency are more stable than decentralised currency. 
Topic: DECENTRALIZED OR CENTRALIZED? - page 15. (Read 3869 times)
Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
For you what is your own perspective regarding this matter?
Bitcoin is already good as it is now... If they wanted it to be centralized then it breaks the whole bitcoin idea. There are other ways that bitcoin can be centralized and that is through exchangers who have KYC requirements.
Bitcoin was made with decentralization in mind. as all other crypto.it will just become similiar to fiat when it gets centralized and regulated.
Many bitcoin investors wants decentralizedbecause it is integrated on the blockchain technology. Thanks to smart contracts, decentralized exchanges are faster and safer than centralized exchanges.
Bitcoin is not anonymous and governments can't control Bitcoin unless they hijack the blockchain which is impossible. And in terms of decentralization Bitcoin is less and less decentralized. Zencash is leading the crypto industry with decentralization.
I hope in 2018 you will understand that Bitcoin is not anonymous dude.
I hope in 2018 you will understand that Bitcoin is not anonymous dude.
That's certainly true, mate. Bitcoin is NOT anonymous by design. While Bitcoin addresses don't explicitly show your name or personal information, they can be linked to your identity if you frequently use a single address on the network. Not only that, but it's possible to view the balances of each address and where did payments originate or where did they go to. As such, privacy coins like Zencash, ZCash, and Bitcoin Private are the best choice to remain anonymous. In terms of decentralization, I must admit that Bitcoin is not fully decentralized compared with some coins in existence to date. This is because, there have been a few players in the mining space which have the most dominance in hashrate within the Bitcoin network. Effectively, ASIC mining equipment and big mining pools, have made Bitcoin centralized one way or the other.
In contrast, coins like Zencash and Ravencoin are decentralized simply because they're ASIC-resistant and have well-distributed nodes across the world (like Zencash). With Zencash's Secure Nodes incentives, it encourages everyday people into running a full node for ZEN to make the network stronger and better than ever. Therefore, in the end, decentralized systems will win, while centralized ones might fail in the long-term. Just my thoughts
Just to add
With Bitcoin, you can even know where the wallet is hosted (when it's a web-based wallet, exchanges, etc...)
It may be possible for a country against crypto to block Bitcoin and even Zcash but Zencash uses domain fronting method that hides the endpoint of a communication. With this then good luck. Privacy-centric cryptocurrencies are still not a lot considered compared to some, but soon it could be a standard to use privacy coin
It is true that because of the bitcoin decentralization many people must achieve their goals and perspectives in life in a short time even young people for now they have become successful in their lives because of the benefits and opportunities that the bitcoin decentralization system has. So, bitcoin decentralization is the factor why most people like to deal with this because spending less time getting their financial freedom.Thanks
Bitcoin is not anonymous and governments can't control Bitcoin unless they hijack the blockchain which is impossible. And in terms of decentralization Bitcoin is less and less decentralized. Zencash is leading the crypto industry with decentralization.
I hope in 2018 you will understand that Bitcoin is not anonymous dude.
I hope in 2018 you will understand that Bitcoin is not anonymous dude.
That's certainly true, mate. Bitcoin is NOT anonymous by design. While Bitcoin addresses don't explicitly show your name or personal information, they can be linked to your identity if you frequently use a single address on the network. Not only that, but it's possible to view the balances of each address and where did payments originate or where did they go to. As such, privacy coins like Zencash, ZCash, and Bitcoin Private are the best choice to remain anonymous. In terms of decentralization, I must admit that Bitcoin is not fully decentralized compared with some coins in existence to date. This is because, there have been a few players in the mining space which have the most dominance in hashrate within the Bitcoin network. Effectively, ASIC mining equipment and big mining pools, have made Bitcoin centralized one way or the other.
In contrast, coins like Zencash and Ravencoin are decentralized simply because they're ASIC-resistant and have well-distributed nodes across the world (like Zencash). With Zencash's Secure Nodes incentives, it encourages everyday people into running a full node for ZEN to make the network stronger and better than ever. Therefore, in the end, decentralized systems will win, while centralized ones might fail in the long-term. Just my thoughts
theoretically decentralization is certainly better because it guarantees the security of the protocol. The positive but also negative bitcoin thing is that in case of theft or errors you can not go back what you can do in a centralized protocol. People need help and it's not so easy to keep their savings safe
Blockchain technology is used to create distributed ledger technology. Bitcoin is decentralized because it it integrated on the Blockchain technology. Bitcoin will forever be decentralized.
We can say that crypto world is on the threshold of a new exchange format. Thanks to smart contracts, decentralized exchanges are faster and safer than centralized exchanges. No less important factors are the absence of external influence and a low commission for making transactions.
Honestly, I prefer if bitcoin is made in a centralized system. I choose centralization because I pity bitcoin longer to be a victim of bad guys who use bitcoin for negative transactions. If bitcoin is made centralized then these bad guys will think twice in using bitcoin for transactions. Crime through bitcoin is also getting easier to track if implementing a centralized system. Then, another centralized advantage is that the price of bitcoin will tend to be stable. If there are parties that set the bitcoin then the determination of the price will be more controlled so that no longer guided by the supply and demand to the market.
we are all here because we want a new better decentralized system!
a centralized bitcoin has no sense.
if you want a centralized cryptocurrency go and buy ripple.
a centralized bitcoin has no sense.
if you want a centralized cryptocurrency go and buy ripple.
In my opinion, the decentralization system is better because it is safer and transparent. Because both parties are not in control of the transaction being executed. So the results of transactions are stored on their computers.
I agree.Bitcoin is better to stay as being decentralized because that would make our transactions more safe and secured compared to fiat that is centralized and are monitored by the government and its central banks.Decentralization gives me more freedom on what i should want with my own income without having known to other entities or group.Bitcoin will lose it uniqueness if it allows it to be centralized and controlled by government. It is superior currency due to its nature of decentralize and anonymous transaction and I don't think that should be altered.
Bitcoin is not anonymous and governments can't control Bitcoin unless they hijack the blockchain which is impossible. And in terms of decentralization Bitcoin is less and less decentralized. Zencash is leading the crypto industry with decentralization.
I hope in 2018 you will understand that Bitcoin is not anonymous dude.
In my opinion, the decentralization system is better because it is safer and transparent. Because both parties are not in control of the transaction being executed. So the results of transactions are stored on their computers.
I agree.Bitcoin is better to stay as being decentralized because that would make our transactions more safe and secured compared to fiat that is centralized and are monitored by the government and its central banks.Decentralization gives me more freedom on what i should want with my own income without having known to other entities or group. The whole point of Bitcoin and most of cryptocurrencies is decentralization and freedom. We have a currency that isn't controlled by anybody, why would we want goverment to take it over, they would most likely shut it down. We already have centralized money, so Bitcoin would be just digital money, nothing innovative.
Exactly. It wouldn't make sense for Bitcoin or any other cryptocurrency to become centralized, since the whole purpose of blockchain's inception was to provide a payment system free from middleman, and central control. A centralized cryptocurrency would have the same characteristics of a government-issued fiat currency, making it worthless over time. We already have a centralized "cryptocurrency" called Ripple which is dominated by its own internal company. However, it's level of success would be determined on the number of people using it in the mainstream world. If we compare decentralized cryptos vs centralized cryptos, then we'll notice that decentralized ones are much stronger and have greater adoption than centralized ones.
Therefore, I strongly believe that Bitcoin should remain as decentralized as possible, because that gives it a fair advantage over fiat or centralized payment processors like VISA. Only time will tell how everything will end up, whenever centralized systems would take over, or decentralized ones will win. Just my thoughts
In my opinion, the decentralization system is better because it is safer and transparent. Because both parties are not in control of the transaction being executed. So the results of transactions are stored on their computers.
Decentralized of course, because that is the platform of bitcoin and cryptos, 
where once you get the money it will be forever yours, no laws or orders can take it away from you, because when work so hard and get paid but still there is a chance that our money being "stolen" by the laws.
where once you get the money it will be forever yours, no laws or orders can take it away from you, because when work so hard and get paid but still there is a chance that our money being "stolen" by the laws. 
The whole point of Bitcoin and most of cryptocurrencies is decentralization and freedom. We have a currency that isn't controlled by anybody, why would we want goverment to take it over, they would most likely shut it down. We already have centralized money, so Bitcoin would be just digital money, nothing innovative.
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