Topic: why decentralized ? (Read 537 times)
I also believe that privacy coins have a bright future, like bitcoin and Eth they are decentralized coins and they still have a chance to go up to the highest price again, unlike centralized coins the chances are small because price movements are always stable at fixed prices.
The decentralized based concept is the one I like much to compare to centralize exchange platform.
But the real things is that most of the time the government want to control it as much as they can, that's why they
use a centralized exchange platform to get pull in control of the identity of the people who loved crypto or bitcoin.
And that also to help the government preventing any means of criminality while that's definitely not in my favour I'm not against it at all. You see back then when crypto is still not a thing and people still don't have a clue about this so many criminal activities occured despite the fact that the blockchain is not really private from the public that may lurk as a result is the silkroad case.But the real things is that most of the time the government want to control it as much as they can, that's why they
use a centralized exchange platform to get pull in control of the identity of the people who loved crypto or bitcoin.
Centralized exchange is basically a company seeking for profit and the only way they can do it legitimately is by obeying the regulation from the government and speaking of the truth it is not that all of the people who uses bitcoin want to hide their identity, nowaday people are using it due to convenience and the ability to send money world wide.
The difference between central and decentralized does not only include privacy but also governance. And the combination of these two factors is very important both financially and sociologically.
And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
It's kind of funny how brain-washed people are on Bitcointalk. Just because there's a coin that is decentralized -it doesn't meant that the person has freedom.And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
The decentralized based concept is the one I like much to compare to centralize exchange platform.
But the real things is that most of the time the government want to control it as much as they can, that's why they
use a centralized exchange platform to get pull in control of the identity of the people who loved crypto or bitcoin.
But the real things is that most of the time the government want to control it as much as they can, that's why they
use a centralized exchange platform to get pull in control of the identity of the people who loved crypto or bitcoin.
This is what cryptocurrencies were known about back in the day when decentralize was the key word for anyone who joined the Bitcoin movement. Nowadays it seems that bitcoin is still decentralized that wants to move to centralized but we will see what this will end. Be glad we have decentralized exchanges where fees are low and you can actually make a withdrawal without anyone picking at least 2$ from your pocket.
I still remember when in the bull run the fees of withdrawing bitcoin from big exchanges was outrages and no one wants to go back there that's why most of the people are moving into decentralized coins and exchanges.
I still remember when in the bull run the fees of withdrawing bitcoin from big exchanges was outrages and no one wants to go back there that's why most of the people are moving into decentralized coins and exchanges.
I am not a fun of Privacy coin but I heard that they are delisted on Okex korea for now following their rule on security feature. This is inevitable if Country with high security will add some barrier but it doesnt mean Privacy coin are not good. Well in fact they are very well protected compared to traditional digital asset. In my opinion, it will be a long debate regarding its ruling out or continue to be traded and hence provision are not yet draft since its still cryptocurrency.
Well, Privacy coin still has many obstacles in the future like Government Control and another Regulation from the Nation. but this is the old issue from 2013. so its depend on us, do you still want to play with a risky and anonymous coin or back to Real Currency Trade (Forex)? 
Decentralization who holds the key to the Future of technology in the world that we have today and that is basically because centralisation which is our privacy and also give the government so much control over inventions and other technological things that affects the world but we do centralisation more innovation can be created and people do not necessarily need the intervention of a third party or government before the contract between themselves.
cryptocurrency has already shown that is decentralization can move ahead the only thing that is needed now is pooper adoption of blocking technology the blockchain technology
cryptocurrency has already shown that is decentralization can move ahead the only thing that is needed now is pooper adoption of blocking technology the blockchain technology
Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html
maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?
That has been the intention behind the creation of bitcoin, it we have seen a lot of other coins that have bridged this motive. However, bitcoin as it is cannot be change from being decentralized to a centralized coin and it is already in use by many people. Which then means that, governments and their intention might not be on the winning side, because that is not what the people wanted. very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html
maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?
Decentralisation seems to be a mere world in cryptocurrency now. There are many instances of verification needed to access major cryptocurrency platform that eludes the sense of decentralisation intended for cryptocurrency.
The problem is that the world is centralized and satoshi began the push for a decentralized world, and those that are the owners of centralized power do not want to lose it, so as of right now we are facing a fierce battle between centralized and decentralized solutions, it may seem as if we are losing but history shows that decentralized solutions can beat centralized solutions, what we need is time and the will to keep using these solutions even if at the beginning they are not as practical. 
decentralization is not only about privacy, but also about the financial freedom gained by its users,
I still have big hopes on bitcoin with its decentralization, because we fully know that the centralized system used by banks only makes inflation.
I still have big hopes on bitcoin with its decentralization, because we fully know that the centralized system used by banks only makes inflation.
The difference between central and decentralized does not only include privacy but also governance. And the combination of these two factors is very important both financially and sociologically.
And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
It's kind of funny how brain-washed people are on Bitcointalk. Just because there's a coin that is decentralized -it doesn't meant that the person has freedom. And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
Anthony Pompliano, Morgan Creek Digital, joins 'Squawk Box' to discuss the price of bitcoin and the future of the currency.
very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html
maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?
Well, since crypto currency is already decentralized and people already know how is it having their coins decentralized, they will choose it over the centralized ones. This makes them more democratic in nature, and it means that you don’t need to worry about one entity being able to make off with your funds or that the system will be shut down by outside interference.While it can be applied to many different things, the main idea involving all decentralized systems is that they can’t be controlled by any one authority and most prefer it that way cause everyone want it to be the sole custodian of the money they worked for. very nice Interview here
https://www.cnbc.com/video/2019/09/27/people-will-choose-a-currency-that-the-government-cant-control-bitcoin-pro.html
maybe another reason is about privacy, so i still believe if the future of privacy coins is bright ?
what about you ?
The difference between central and decentralized does not only include privacy but also governance. And the combination of these two factors is very important both financially and sociologically.
And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
And I can say absolutely, that's exactly what we need. Because if we want to talk about real freedom and will, decentralization is what we need.
I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
And after the government bans anonymous coins what are they going to do? Identifying the person behind those coins is a real challenge because those coins were specifically designed to protect the identity of the person that owns those coins, governments not too long ago had the same posture with bitcoin and now we are seeing them being more tolerant to it because they know they cannot destroy it and my opinion the same is going to happen with anonymous cryptocurrencies.this is true. besides, they will want to regulate them, put some kind of control mechanism. That is the reason of recognition, not purely using/adopting them from govenmental aspects. It will be anonymous, they can't and probably won't know what are they dealing with on near future, but it is baby steps for them.
You might asked this forum people, they explain about decentralzation more than him. Many people in this crypto industry wishes to invest are thinking to put their funds on the decentralized exchanges and want to have the funds on decentralized wallets only.
However that interview good and I believe this is unwanted promotion for him
However that interview good and I believe this is unwanted promotion for him
I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
And after the government bans anonymous coins what are they going to do? Identifying the person behind those coins is a real challenge because those coins were specifically designed to protect the identity of the person that owns those coins, governments not too long ago had the same posture with bitcoin and now we are seeing them being more tolerant to it because they know they cannot destroy it and my opinion the same is going to happen with anonymous cryptocurrencies.
I think the context in their interview is mainly talking about uncontrollable and semi-anonymous. We should understand that a full privacy coin will not have that bright future because it is mainly used by those who are afraid of being tracked(being paranoid) and mostly black marketers. It has been proven in some exchanges, they were delisting privacy based coin from their exchange because of it.
Yes, true, it is just being needed by someone and not something that has a bright future or we must have.
definitely these coins will always be needed as long as there are people who want to be in the shadows. the black market will not disappear anywhere and will continue to use these coins
Yes, true, it is just being needed by someone and not something that has a bright future or we must have.
Decentralisation seems to be a mere world in cryptocurrency now. There are many instances of verification needed to access major cryptocurrency platform that eludes the sense of decentralisation intended for cryptocurrency.
Not at all, if government would accept crypto currencies, they would do it only if all privacy coins would be banned. Nothing new here, because they are not able to track the users of anonymous crypto and this is the core problem of governments.
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