centralize money vs. decetralized money (bitcoin)

[135cc]

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?

In my own perspective, i would choose decentralized rather than centralized system in money regulation. Because with that decentralized system, we can have a absolute power to our own money and assets no matter what happen.

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[TheClownSong]

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?

In my opinion, our monetary system right now is not capable to handle economic crisis. Central banks as central monetary system sometimes not transparant with their policy and just printing more paper money to boost economic growth.

[cryptokia]

Decentralized money is definitely more attractive than centralized banking systems, Banks tend to give their money and demand high interest rates for what they kill, but only provide a small portion, like interest, decentralized money, on the other hand can quickly get a benefit for a short period of time.

[Jessica2009]

      Centralized money means it is controlled by a third party involvement and decentralized money means it is not controlled by a third party it is a peer to peer form of transaction .Centralized  platform means all the information's of the data should enter into a central point that means that we have to send or receive information through the central point only .Decentralized platform needs no information's to enter a single point since it is a peer to peer mode of transaction.

[heinz]

Who the fuck prefers fiat money instead of decentralized money AKKA bitcoin or any other crypto coin? Mate, it makes no sense, i am more than sure in that 30% of the people in here prefer crypto instead of fiat for daily needs, it is much more faster.

[teamspike911]

Of course, for an average person, a decentralized financial system will be much more profitable. However, the ruling elites do not benefit from this, because of which we see a large number of countries where bitcoin is being injected, or crypto-currencies in general.

[bitcoinajax455]

Decentralized money is definitely more attractive than centralized banking systems, Banks tend to give their money and demand high interest rates for what they kill, but only provide a small portion, like interest, decentralized money, on the other hand can quickly get a benefit for a short period of time.

Of course it's better to decentralize money, it make more convenient. It is decentralize! It means that there is no hassle. Even if you are at home you can do any transaction, and another way to earn extra income without tax.

[batang_bitcoin]

Who the fuck prefers fiat money instead of decentralized money AKKA bitcoin or any other crypto coin?

We don't have a choice if our countries aren't really adopting crypto's or they are only ignoring it.

Mate, it makes no sense, i am more than sure in that 30% of the people in here prefer crypto instead of fiat for daily needs, it is much more faster.

People here in the forum aren't the total number and population of the world. We're not even close to 10% of total world's population who prefer to use crypto's instead of fiat.

[RyhaniFoyej]

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?

Of course centralized system is old but now the time is for decentralized system. The decentralized is a digital method. In the past, centralized methods were used that was controlled. But decentralized method is uncontrolled to anyone. For this reason some people are confused for it. But the decentralized method has invented for not to confuse anyone is has invented for betterment of the world.

Another the banks are still advising to keep your money safe in bank but in bank you have to give them a particular amount of fees. But you do not have to give any fees in decentralized system.Also there is no apologies in decentralized system but you have to give a particular fees for the transactions.

[doodle07]

Both or them are benificial if you know how to mange it well. Decentralized currency like bitcoin can be trade to centralize money or what we are using, its fiat. As long as you can decentralized money are acceptable, for me, i choose it because it has a high value when you convert or trade it to fiat.

[hacekd]

Only Financial Advisor that in relation to a bank will choose a centralized money since banking system is manipulate by few entity. Decentralized is the best for all normal people so that we can have all financial freedom.

this is the talk of many countries as the era of modernization continues to evolve for the advancement of life into a big problem that will eliminate traditions such as this currency, and this is one of the causes of some countries that still ban digital money spread in the country about not want to get rid of their traditional currency characteristic of the country.

[Btcnaivie]

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?

That is a traditional way of saving your money putting it on a banks. Banks are going to get unbundled.  Data is going to get unbundled.  Different processes that now are centralized are going to be unbundled.  That offers a gigantic opportunity for startups.
In free markets where you want a transparent price decentralization is the best way to go. Centralized strategies can work when you have a limited target market that you want to drive deep into. Decentralized markets make better decisions than centralized ones.
 

[s31joemhar]

It is much better to centralize money than to decentralize because in terms of centralize everything in the business transactions are in the proper places and it is distribution properly.

[maichimoto]

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 money is for people who are not capable of being their own bank therefore securing their own finance. It's caused by lack of knowledge and care. If you can't handle decentralized money, don't do it, but don't complain

[florianuhlemann]

traditional methods of investment should be considered, but not completely, but only for diversification. therefore, it is impossible to be a fully fanatic of bitcoin

[bootlace]

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?

It is only personal choice. It depends in what area are you working and for what you spend your money. As for me the best thing will be connect 2 in 1, how centralised and decentralized money for your shopping and all you need.

[decidedung]

Everyone has the opportunity to grow and enrich their financial aspects without any manipulation and permission of any one in higher positions.

[hknknitin]

In the centralized system, like banks, whole money of yours is put in the market by banks and the government. You really don't have exact idea of what is being done with your money. The whole authority like planning and decision making lies with the top-level management whereas when it comes to decentralized money, the communication flow is open and free. Here decision making becomes relatively faster and the authority lies with multiple people which makes the system limpid.

[ChaChaiTL]

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

[Tinaw]

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.