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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: phoenixdowndee on October 24, 2018, 08:23:20 AM



Title: What are the limitations and advantages of a centralised gov, banking system
Post by: phoenixdowndee on October 24, 2018, 08:23:20 AM

During Crowdsourcing Week 2018, one of the main topics that will be discussed is "Decentralization". We want to find out what do you think are the pros and cons of a centralised government, economy and banking systems.

Please write in the comment section what are the distinct advantages and disadvantages of an environment in which centralised organisations control the system?

In your response, please include at least 3 arguments for limitations and 3 for advantages.

The answers from this thread will be summarised in a nice infographic and shared with the community for educational purposes.

Leave your comment here - http://bit.ly/2OHZqJs and earn crypto for your feedback.


Title: Re: What are the limitations and advantages of a centralised gov, banking system
Post by: bithuner on October 24, 2018, 10:23:31 AM
I think just the fact that being centralised makes it more of a security risk. But commented on the page, very cool platform.


Title: Re: What are the limitations and advantages of a centralised gov, banking system
Post by: georgeforeham on October 24, 2018, 01:42:16 PM
Very interesting question thanks for sharing! When does the event start and where?