DECENTRALIZED OR CENTRALIZED?

[Nelars]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

[Sexie]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

The most important feature of bitcoin is being a decentralised structure. On the other hand, when it comes to bitcoin exchanges , it will become centralised which is means the money , the result of exchanges is the one being centralised. It is not the bitcoin itself  being centralised.

[tabas]

We only need regulations so it can gather more trust rating and approval from the government that can possibly add more investors.

numerous citizens want also the bitcoin to be centralized

They want it but the fact that they can't do something about it anymore. Bitcoin is completely decentralized for the rest of our lives.

[Wexnident]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

The most important feature of bitcoin is being a decentralised structure. On the other hand, when it comes to bitcoin exchanges , it will become centralised which is means the money , the result of exchanges is the one being centralised. It is not the bitcoin itself  being centralised.

That was true, for being decentralized of bitcoin a huge of people is definitely reach their goals and perspective in life in a short period of time even the people who is in the young age for now they already become successful in their life because the benefits and opportunities that bitcoin decentralizing system that it has.Thus, being decentralized of bitcoin is the factor why most people loves to deal with this because it is less consuming time of having their financials freedom.

[Kokondao]

Actually I also think with you, bitcoin as a place of investment and also trade crypto for short-term gain, and as a safe place of storage.

[franky1]

bitcoin is no longer decentralised.
core seen to that with thier and bloqs team effort to create the bilateral split to give core the main power of the (now)core network
they are even going as far as suing people for using the bitcoin brand.. even though no one owns it, and neither should core own it

..anyway..

so "distributed" is the new term
the big investment companies behind blockstream and others that are paying the main devs of core. already know and planned this. its why they are buzzwording "distributed ledger technology(DLT)" rather than decentralised blockchains
google already has 628,000 results just for that term. top results for me included the UK governments R&D papers and worldbank

the main devs know that LN is not a blockchain. but for the major hubs(banks2.0) having a ledger of managing multiple channel multisigs. distributed ledger, covers not only things like LN but also the now centralised blockchain. all in the same new buzzword

which is what all their investors are pushing them to develop.

 

[kastara]

In my opinion it might be better decentralized because in each country have its own authority over their finances if centralized there will be governing the finances of the State over other countries, perhaps with the existing system is good only I think the existence of bitcoin amid advances in technology good in facilitation so that no negative news stories about the existence of bitcoin and bitcoin can also stimulate the economy with the help of investors so much development of technology-based projects so that's it according to my perspective.

[bitmover]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

Bitcoin matters because it is decentralized..
As it is decentralized, it cannot be shut down by governments.

Being decentralized is the reason because bitcoin is so valuable and strong.

[CBTrading]

Decentralized because we know what governments do when they have the license to print money.
If we agree that FIAT is worthless and at least 51% accepts only cryptos, then those who believe in blockchain technology will have financial peace.

Wikipedia:

One study ended in 2000 the Gini coefficient worldwide 0.892. According to that, the largest percent of the world population has reached. The richest 10% comprise 85% of the world's wealth, the other 50% together only 1%. The inequality figure of 0.892 corresponds to a situation where out of 100 people one person owns 90% while the other 99 people share the remaining 10%.

[pooya87]

~ bitcoin as decentralized digital asset,

bitcoin is a decentralized currency or you can also call it a decentralized payment system. it is not an asset!

~numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.

i don't know where you are getting this from, i have never heard anyone wanting to centralize bitcoin!

For you what is your own perspective regarding this matter?

we already have centralized systems, if we wanted centralization then we would have continued using them instead and wouldn't have bothered with creating bitcoin in first place.

[Sinecoin]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

Bitcoin would not be bitcoin if it was centralized.  The whole purpose behind bitcoin is to have a decentralized currency that is not controlled by any single entity or group so that the prices and supply are not manipulated.  If people want bitcoin to be centralized then there is purpose of them using it because they can just use the fiat in their designated countries.

[CoinstarF]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

Bitcoin would not be bitcoin if it was centralized.  The whole purpose behind bitcoin is to have a decentralized currency that is not controlled by any single entity or group so that the prices and supply are not manipulated.  If people want bitcoin to be centralized then there is purpose of them using it because they can just use the fiat in their designated countries.

Bitcion  could not be centralized, owners and holders in itself doesn't want anybody who's going to govern thier investment this is private and designated always decentralized.

[bitvalak]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

better decentralized because it is more fair in my opinion and can prosper all bitcoin users. Rather than centralized and government-run. Because the government always cheat with the financial system. Almost all countries apply like that.

[no0dlepunk]

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

Did you just say "numerous citizens want bitcoin decentralized"? Are they already into bitcoins or are they just spectators? Real bitcoin enthusiasts and supporters doesn't want centralization because this will take away the essence of bitcoin. Bitcoin should remain the anonymity and decentralization.

[Dudeperfect]

I believe that it's the choice based on the abilities of the user. Decentralization is all about taking own responsibility and enjoying the freedom whereas, in decentralization, we let someone take responsibilities on our behalf and there is no freedom, in that case, it's just illusion of freedom. Even in the centralized system, the end user has to suffer from the mistakes of centralized authorities so it doesn't make any sense to go with that way just because we are using it since many years.

[laredo7mm]

Ripple (XRP) is proof that cryptocurrency can be centralized as well. But I can't imagine Bitcoin to be centralized. This will never happen.

[yuukireit]

bitcoin must be decentralized if it change into a centralized currency it can be worse and crush the idea of the freedom of transaction and that can make us bound with the resctrication again,

[Washball]

Bitcoin was created as a decentralized cryptocurrency and that's what it should be. But with the scams, the authorities have an excuse to regulate cryptocurrencies. They also manipulate the feelings of the mainstream with the idea that with regulations the customers would be protected. With the hack of some exchanges, authorities are demanding KYC and AML procedures. But the main objective is to tax cryptocurrencies and that makes them centralized cryptocurrencies instead of decentralized.

[oseikuf44]

Bitcoin will lose it uniqueness if it allows it to be centralized and controlled by government. It is superior currency due to its nature of decentralize and anonymous transaction and I don't think that should be altered.

[vanessbtf39]

because it is decentralized bitcoin, it stimulates us in the development of projects