Centralized and decenterlized what is best for Crypto market....???

[nakauten]

The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.

The only way is to centralization so that the massive adoption would be much easier,without it the governments wont allow cryptocurrencies to be adopted by the people or the citizens,because that is going to be the end of the taxes,which the government is using to fund their people,to get projects and to get the national budget.

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[Pursuer]

The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.

your title and your comment are not the same as each other! unless you are mistaking government approval with being centralized... because they are not the same. for example you can see what Japan, Germany and a couple of other  countries did. they have already adopted bitcoin as a legal method of payment aka a legal currency and that didn't centralize anything instead it increased the adoption of bitcoin by a large number of people including merchants and also led to a huge price rise.

[BitcoinHodler]

centralized and decentralized market both have their own advantages and disadvantages.
for example the most common disadvantage of a centralized market is that you are trusting your funds with a third party that can scam you at any moment. we have already seen it in many exchange cases where they ran away. but the advantage is that you are on the platform so everything is fast and happens  as you click so you can buy/sell with just one click and have it completed but this option is a bit harder in decentralized exchanges and also in there you can't exchange fiat because fiat demands centralization.

[Kimchu kuno]

Decentralized is owned and controlled by the participants so there is no central corporation that has custody of customer deposits. The control of the money is always in the hands of the users since the network uses a P2P network architecture. Transactions occur between peers in the network by means of smart contracts which can only be controlled using the private keys of the participants. Users control their private keys as well as their funds at all times in a decentralized exchange.

Descentralized is assigned to crypto market no one manipulate it is safe.

[Phlaser]

Bitcoin will surely rally when acceptance by governments of countries begin to happen. Government approval as well as Regulation will give more investors confidence to invest in bitcoins and that would push Bitcoin to new ATH

The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.

[Radio-Active]

i believed centralized or decentralized market, both of them are good for cryptocurrency market.
centralized exchange have some advantages over decentralized exchange. and vice versa.
so, both of them are ok i think.

[lamadu3]

In my opinion, the cryptocurrency MUST be decentralized. Otherwise, what is the sense to deal with it? Bitcoin was invented to let people feel free from the banks' control and make fast transactions.

[Flomo]

will certainly greatly affect the BTC, it will increase investors because they feel safe, and the value of bitcoin will continue to increase.

[shesheboy]

In my opinion, the cryptocurrency MUST be decentralized. Otherwise, what is the sense to deal with it? Bitcoin was invented to let people feel free from the banks' control and make fast transactions.

Cryptos are already decentralized and i think it is better if they can work this way because we can freely earn an income without limits due to the effects of volatility. We dont also pay for the taxes and other charges because we dont hold by governments and banks.

Although centralized can only be beneficial to merchants because they can now experience stable price for their items or services that they sell if they will use bitcoin as payment method.

[Supreemo]

Decentralized is owned and controlled by the participants so there is no central corporation that has custody of customer deposits. The control of the money is always in the hands of the users since the network uses a P2P network architecture. Transactions occur between peers in the network by means of smart contracts which can only be controlled using the private keys of the participants. Users control their private keys as well as their funds at all times in a decentralized exchange.

Descentralized is assigned to crypto market no one manipulate it is safe.

,i somehow agree with you my friend, simple yet practical way of reasoning. Aside from no one can manipulate it, we have our rights and authority of our own money, unlike centralized in which the government has access about almost everything about your money, so i prefer decentralized economy for crypto.

[wtbhitlv]

If the government approved bitcoin to be a legal currency, it would have a very positive impact on BTC, a country that would have a large number of new investors to enter the market immediately.

[cryptomonotize]

Certainly government will adopt bitcoin someday but they surely impose some laws over it, I think cryptocurrency is meant to be in centralization process thats why its a unique system of cash. But under govt. regulation there is also advantage like mor people will embrace the crypto world.

[Mcdacillo]

The the government of some countries are against the Bitcoin and some are ready to adopt Bitcoin. So what would effect on btc if any government approv the Bitcoin is a legal tender.

I think, its better for the crypto's in the crypto market tk be decentralized rather being centralized. I also think that it is better for bitcoin to be approved and be legalized in whole world but being decentralized. Because I think being volatile of bitcoin and other cryptocurrency can make them easily identify and that is unique about bitcoin and other cryptocurrency. Anyway it is only my opinion and I think it will be better for the crypto money.

[KesoNie]

centralized and decentralized market both have their own advantages and disadvantages.
for example the most common disadvantage of a centralized market is that you are trusting your funds with a third party that can scam you at any moment. we have already seen it in many exchange cases where they ran away. but the advantage is that you are on the platform so everything is fast and happens  as you click so you can buy/sell with just one click and have it completed but this option is a bit harder in decentralized exchanges and also in there you can't exchange fiat because fiat demands centralization.

Yes I agree that this have both advantages and disadvantages. Cryptocurrency today is categorize as decentralised which is a government doesn't have any control to the crypto world meaning to say crypto is free from government rules and regulations but prone to cyberspace cre like hacking. But at the moment I'm enjoying my profit without any taxes from government.

[Wahyu aep]

That our government is taking a good interest in bitcoin currencies now because they know what benefits they earn from crypto currency each year, if new countries like Japan and South Korea will receive bitcoin, it will be more established and stronger than ever , we can take part in the centralization of the lucky bitcoin are those who skimp the bitcoin, because it is passed will mean good news for the seller, I can not imagine what price would be.

[Papri Ghosh]

Decentralized crypto market has enormous advantage. It prevents fraud and eliminates middleman thereby creating a peer to peer transaction.Moreover the transactions which are made can move faster thereby leading to faster decisions.The information is stored in the form of data which cannot be changed by any means.