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Author Topic: centralize money vs. decetralized money (bitcoin)  (Read 371 times)
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July 19, 2018, 01:26:23 PM
 #81

If you want to focus on money for other purposes as well for other projects that you do not want to invest in bitcoin is not a problem but one thing is that you will not have many opportunities to Wealthy by investing in digital money
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July 19, 2018, 01:34:04 PM
 #82

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?
Centralized is controlled by a government or a company. It has value only in the specific area under company or government boundaries. While Decentralized has no connection with any state, government or  is registered on online exchanges and are usually only traded within the crypto community, except for the more mainstream ones like Bitcoin and Ether.
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July 19, 2018, 03:03:57 PM
 #83

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?
well, there is pro and con in decentralized and cetralized money. I believe both are good way but i do think in the future the old way would not good enough and we do need a development and new things that could makes our transaction faster, cheaper, flexible and also secure. I think storing your money on bank is not for value but more for security and safety of the money. The interest that offered by bank is only to maintain the value of the money from devaluation so if you wanted to invest and gain more interest and with a certain particular risk you should not safe your money on bank.

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July 20, 2018, 12:02:49 PM
 #84

There are a lot of substantial differences in centralized money and decentralized money. In the former there is always a top-level authority who decides the investment strategies where in decentralized system, no as such management system is stationed and the system is very much glassy. Flow of communication in the latter is open and free whereas in the case of centralized money, communication flow is vertical.
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July 26, 2018, 10:55:47 AM
 #85

Of course financial institutions and financial advisors choose Banks to keep their money safe. Unlike the Bitcoin whose properties always go up and down its price.

But I also do not dismiss this circumstance because some of my money is kept in Bank Fiat-shaped, to keep my capital in terms of Bitcoin trading.

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July 26, 2018, 11:24:43 AM
 #86

In my point of view crypto is not good investment for normal people who dunno anything about crypto. It's simply too risky investment. Most of the people keep their money in the bank, because bank can give him a little extra money, but mainly there is very little chance, that value will somehow drastically decrease. Crypto is good investment just for people who trust, that blockchain will be successful.
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July 26, 2018, 11:30:59 AM
 #87

Here and so everything is clear, if you allow completely decentralized currencies, then the states will fall apart, and which state wants this, and therefore they try in all ways to contain the appearance of decentralized currencies!

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July 26, 2018, 11:34:33 AM
 #88

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?

there is no need to discuss this. Of course Bitcoin. However, there are some problems that need to be overcome. Central money will reign until then.

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July 26, 2018, 11:36:20 AM
 #89

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 decentralized money is way better than the centralized. because, it can give us more freedom and flexibility in our assets. Beside that, with the decentraized, it can reducing the role of third party that can make the costs more expensive.


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July 26, 2018, 11:39:37 AM
 #90

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?
well, there is pro and con in decentralized and cetralized money. I believe both are good way but i do think in the future the old way would not good enough and we do need a development and new things that could makes our transaction faster, cheaper, flexible and also secure. I think storing your money on bank is not for value but more for security and safety of the money. The interest that offered by bank is only to maintain the value of the money from devaluation so if you wanted to invest and gain more interest and with a certain particular risk you should not safe your money on bank.

Yeah exactly. Your money will not actually gain in value unless you take some degree of risk with it. And there are no such things as "medium risk" products, either it's guaranteed and has no risk, or is exposed to extreme deviations, like a market crash.

Financial analysts are sales people representing the bank's need to continue recycling the money. When you tie up more with them, it enables them to lend more out (up to 90% what you put in) and thereby profit immensely on interest rates. That's why they can afford to give you a few percent.
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July 26, 2018, 11:44:47 AM
 #91

Centralized money like fiat currencies notes,coins and decentralized is virtual money now bitcoin is more popular but many investors afraid to loose because its price is volatile and any agency is not control bitcoin but bitcoin investment is best investment rather than bank investment because we can make handsome profit from bitcoin and bank give us only 2 to 5 percent.
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July 27, 2018, 12:48:35 PM
 #92

The thing with bitcoin is that it is volatile. In banks there is a guarantee of interest. In cryptos you really can earn a huge profit also loose a whole lot, purely based on what will the value be. They are not afraii because it is digital, they are afraid because of this instability in price.
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July 27, 2018, 12:52:50 PM
 #93

Well it depends on how you see the situation, for me both centralized and decentralized money is important, centralized money is important to control the inflation and balance the economic while decentralized is important to get the freedom and it's good for investment, as we know centralized investment won't beat the inflation, so there are pro and cons for those two money

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July 29, 2018, 10:52:55 AM
 #94

A centralized currency has a single entity that decides the aspects of the currency. For the United States, the Federal Reserve is what controls the centralized currency.

A decentralized currency has no single entity deciding the aspects of the currency. With Bitcoin, the protocol and the network are what dictate direction. Anyone can propose changes to the Bitcoin protocol, however the network must agree.
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July 29, 2018, 11:00:23 AM
 #95

 There are two types of cryptocurrencies , first centralized cryptocurrency , 2nd decentralized.
 Centralized cryptocurrency is controlled by some government or any COMPANY.IT has value only in specific area under company or government boundary.for instance if you go any mart for shopping,mart gives you reward point against your shopping.you collect these points and use these points for shopping.These points are not your currency but work as a currency.These points are also called centralized cryptocurrencies because you can use these points only in mart.These points have no value out side of mart anywhere. But bitcoin is decentralized cryptocurrencies. Decentralized cryptocurrency has no connection with any state,government.
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August 05, 2018, 09:55:33 PM
 #96

Irrespective of the fact that keeping your money in the bank (centralize) and storing it yourself (decentralized) both have safety and security obligations. It is better to invest your money than just keeping there.
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August 05, 2018, 10:11:39 PM
 #97

Just a Financial Advisor in connection to a bank will pick a unified cash since keeping money framework is control by few substance. Decentralized is the best for all ordinary individuals with the goal that we can have all money related flexibility.
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August 07, 2018, 11:16:36 AM
 #98

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 that we all know that bitcoin is a decentralised crypto currency and there is no such proper authentic regulating body over bitcoin and I think this is the most probable reason that social defaulters find very easy with bitcoin to have illegal activities and thus discouraging many countries to legalise it in their nation and I think the best solution to this issue is to legalise the bitcoin globally so that every country’s government will then take care of all thebitcoin related activities.

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August 10, 2018, 02:41:34 AM
 #99

I think they are afraid of risk so they choose a safe way to send money and that is not wrong because everyone has their own choice, There is no right or wrong to suit them or not.
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August 13, 2018, 11:33:01 AM
 #100

If you want to focus on money for other purposes as well for other projects that you do not want to invest in bitcoin is not a problem but one thing is that you will not have many opportunities to Wealthy by investing in digital money

For now, centralized money is more dominant, even the most ideal to be implemented in the world, because all levels of society can use it. While decentralized money tends to be used by people who understand technology, because all transactions are done digitally. You can imagine that in a country that is still poor, there is no internet network. For developed countries, decentralized money can be used because people are smart and internet technology is very fast.
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