centralize money vs. decetralized money (bitcoin)

[KeezAZA]

Bitcoin is not truly decentralized we can hope for that but even monero got only 80 % decentralization

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[best123]

I prefer decentralized to centralized. Though, the risk in decentralized money is higher than centralized because in decentralized you can loose all your assets while it can't happen in centralized.
I have some pre-sales I invested in that never entered any exchange.
It is a choice, some are making good money decentralized while some are also making theirs in centralized.

[robertjack]

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 a centralised crypto exchange, the third party that operates the exchange retains the majority of power over your account. On the other side, with a decentralised exchange, you maintain full control over your account.

[mbe48]

Both of them still have advantages and disadvantages. moreover, it has the same but dissimilar uses. I think if both are used as investments, it is clear that bitcoin is more profitable. But it cannot be ascertained, that the high price will get the big advantage. Judging from the price, significant ups and downs are fraught with risks. Bitcoin is also not everyone knows it, it still needs a thorough introduction

[Jaered]

Each type of money has its cons and pros. You can't always have it all. Decentralization has its advantages. Though some people don't trust it

[Grafen]

Centralized fiat rules.

+Stable, fast and reliable.
+Low fees.
+Simple withdrawals.
+Physical cash

[ziyaaa]

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?

And this debate about the differences between centralized and decentralized money will go on until we completely stop using fiat and start using digital currencies fully.

Both of them have advantages and disadvantages. Some people say that fiat is better because it isn't volatile and it is also a physical money. They don't trust a digital currency because it seems so different. Some people think digital currencies are better as they are in your control totally and no government can interfere with it and track what you do.

But in the end, it is obvious that governments will create their own digital currencies (but centralized ones of course) and fiat will be history.