Do you see cryptocurrency changing from anonymity to centralization?

[Sincerem]

No doubt, the major concern around Cryptocurrency is the decentralization which have caused sleepless nights to some country government that doubts it. They see Cryptocurrency as a means of payment option for criminals to steal funds without trace cos of its anonymity feature, which is the primary reason why it is created.

With all this uncertainty, concerns around crypto based on its anonymity. Do you think it will change in the future becoming centralized like the Fiat currencies??

 

[Dowenship]

No doubt, the major concern around Cryptocurrency is the decentralization which have caused sleepless nights to some country government that doubts it. They see Cryptocurrency as a means of payment option for criminals to steal funds without trace cos of its anonymity feature, which is the primary reason why it is created.

With all this uncertainty, concerns around crypto based on its anonymity. Do you think it will change in the future becoming centralized like the Fiat currencies??

To be frank with ourself who are the ones stealing funds, is it not the government, but the root cause of government against crypto currency is based on having power over your money, but decentralisation is you have power over your money.

 

[Kunkun]

I'm not sure that would be happening anytime soon because that would defeat the purpose of the anonymity it's known for in the first place but fingers crossed though

 

[Trexxxy]

The whole point of crypto is the anonymity it offers, changing the systems now would only mean that crypto loses that edge. I don't think that is happening anytime soon.

 

[Snazzy001]

I just feel cryptocurrency will meet its funeral once it accepts that status of been centralised. We all have hooks for cryptocurrency and trusted it because it's a decentralized platform and that is assuring in itself

 

[Haveit]

Firstly, it is false to think that crypto cannot be tracked at all, bitcoin for example has a ledger that helps to record all transactions that occurs in bitcoin.

 

[FreshKaz11]

No doubt, the major concern around Cryptocurrency is the decentralization which have caused sleepless nights to some country government that doubts it. They see Cryptocurrency as a means of payment option for criminals to steal funds without trace cos of its anonymity feature, which is the primary reason why it is created.

With all this uncertainty, concerns around crypto based on its anonymity. Do you think it will change in the future becoming centralized like the Fiat currencies??

I don't care how our federal government see it or most people in power in other countries see it as well,one thing I know that crypto currency as come to stay nothing can wipe it away I guess.

 

[Josemendez]

I don't see the possibility of cryptocurrency in general losing it's anonymity to any centralized entity . If countries want to have control to an extent on cryptocurrency , then regulations is the key.

 

[Bookwormlux]

That is not going to be possible at all as a lot of people would lose interest in it since this would mean the government having control over crypto currencies.

 

[eLdavis]

To be frank with ourself who are the ones stealing funds, is it not the government, but the root cause of government against crypto currency is based on having power over your money, but decentralisation is you have power over your money.

That's the painful truth about this whole thing. The government are actually the ones stealing and moving funds from country to country and with the help of crypto, it has made it possible for them to move more money easily and quickly with it being traced back to them.

 

[btaliat]

Though the market is about to be corrupted by some influential personalities but I doubt if it becomes centralized. The only thing that can make it centralized is if government involves in it.

 

[Dowenship]

Though the market is about to be corrupted by some influential personalities but I doubt if it becomes centralized. The only thing that can make it centralized is if government involves in it.

Eventually the government will adopt this decentralisation if wallet and crypto in general because they will soon realise how beneficial it is.

 

[Chibson]

With the way a lot of countries are trying to create their own digital currency, there may be a possibility that cryptocurrency may be centralised.

 

[Setfragil]

There is nothing impossible to happen as the government of some countries are planning to launch their own cryptocurrency, it will surely be centralized which will defeat the purpose for which cryptocurrencies were created and people may not accept to use it like the decentralized one.

 

[Sincerem]

I don't care how our federal government see it or most people in power in other countries see it as well,one thing I know that crypto currency as come to stay nothing can wipe it away I guess.

Yes, it is here to start, we have come to far to abandoning it half way. Since its not scamming anybody, its been going as planned ever since it came into light in the digital world.

 

[Destinyfejiro]

No doubt, the major concern around Cryptocurrency is the decentralization which have caused sleepless nights to some country government that doubts it. They see Cryptocurrency as a means of payment option for criminals to steal funds without trace cos of its anonymity feature, which is the primary reason why it is created.

With all this uncertainty, concerns around crypto based on its anonymity. Do you think it will change in the future becoming centralized like the Fiat currencies??

Nope that is one of the major reason why crypto currency is different from Fiat currency ...you have power over your money
if you look at it , it still the government that are stealing using crypto currency...so my answer is no it won't change in the future instead it will be accepted world wide

 

[Chibson]

even though there may be a little possibility here but I do not see that happening because the main goal of cryptocurrency is decentralization and anonymity.

 

[Setho]

If it does then I think that the overall aim to which the whole project was even started would become defeated. I think the decentralized idea is a good one.

 

[Heatman]

Well, maybe it's definitely going to be very possible in the future that cryptocurrencies would be centralized but as of now, it's not that would ever happen soon.

 

[akinlolu99]

The general purpose of crypto is the obscurity it offers, changing the frameworks currently would just imply that crypto loses that edge. I don't believe that is occurring at any point in the near future.
I simply feel crypto money will meet its memorial service once it acknowledges that status of been incorporated. We as a whole have snares for crypto money and confided in this is on the grounds that it's a decentralized stage and that is guaranteeing in itself