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#126 2023-12-12 01:06:03

IyaJJJ
Member
Registered: 2023-01-25
Posts: 1,532

Re: One of the reason you should not trust Government or centralized syste

Vastextension;27436 wrote:
thrive;27435 wrote:
oba;27434 wrote:

This can result in order delays, slippage, or difficulties in executing trades swiftly.

In order to prioritize the security and protection of users' funds, centralized exchanges often implement additional security measures, such as multi-factor authentication or withdrawal verification processes.

While these measures are necessary for user protection, they can introduce additional steps and potential delays in accessing funds.

It's important to note that not all centralized exchanges experience these issues to the same extent.

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#127 2023-12-12 01:06:22

joanna
Member
Registered: 2023-01-10
Posts: 2,273

Re: One of the reason you should not trust Government or centralized syste

IyaJJJ;27437 wrote:
Vastextension;27436 wrote:
thrive;27435 wrote:

In order to prioritize the security and protection of users' funds, centralized exchanges often implement additional security measures, such as multi-factor authentication or withdrawal verification processes.

While these measures are necessary for user protection, they can introduce additional steps and potential delays in accessing funds.

It's important to note that not all centralized exchanges experience these issues to the same extent.

Some exchanges are better equipped, with robust infrastructure and risk management practices in place to minimize delays or disruptions.

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#128 2023-12-12 01:06:36

level
Member
Registered: 2023-01-19
Posts: 1,263

Re: One of the reason you should not trust Government or centralized syste

joanna;27438 wrote:
IyaJJJ;27437 wrote:
Vastextension;27436 wrote:

While these measures are necessary for user protection, they can introduce additional steps and potential delays in accessing funds.

It's important to note that not all centralized exchanges experience these issues to the same extent.

Some exchanges are better equipped, with robust infrastructure and risk management practices in place to minimize delays or disruptions.

Additionally, the level of demand and user experience can vary depending on the specific exchange, market conditions, and trading activity.

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#129 2023-12-12 01:06:52

oba
Member
Registered: 2023-01-13
Posts: 1,858

Re: One of the reason you should not trust Government or centralized syste

level;27439 wrote:
joanna;27438 wrote:
IyaJJJ;27437 wrote:

It's important to note that not all centralized exchanges experience these issues to the same extent.

Some exchanges are better equipped, with robust infrastructure and risk management practices in place to minimize delays or disruptions.

Additionally, the level of demand and user experience can vary depending on the specific exchange, market conditions, and trading activity.

If fast transaction processing speed and immediate fund access are a priority for you, decentralized exchanges (DEXs) may offer an alternative.

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#130 2023-12-12 01:11:35

thrive
Member
Registered: 2023-01-04
Posts: 1,974

Re: One of the reason you should not trust Government or centralized syste

oba;27440 wrote:
level;27439 wrote:
joanna;27438 wrote:

Some exchanges are better equipped, with robust infrastructure and risk management practices in place to minimize delays or disruptions.

Additionally, the level of demand and user experience can vary depending on the specific exchange, market conditions, and trading activity.

If fast transaction processing speed and immediate fund access are a priority for you, decentralized exchanges (DEXs) may offer an alternative.

DEXs operate on blockchain networks and allow users to trade directly from their wallets, which can potentially offer greater speed and autonomy.

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#131 2023-12-12 01:11:55

Vastextension
Member
Registered: 2022-11-19
Posts: 1,909

Re: One of the reason you should not trust Government or centralized syste

thrive;27441 wrote:
oba;27440 wrote:
level;27439 wrote:

Additionally, the level of demand and user experience can vary depending on the specific exchange, market conditions, and trading activity.

If fast transaction processing speed and immediate fund access are a priority for you, decentralized exchanges (DEXs) may offer an alternative.

DEXs operate on blockchain networks and allow users to trade directly from their wallets, which can potentially offer greater speed and autonomy.

However, DEXs may have limitations in terms of liquidity and trading options compared to centralized exchanges.

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#132 2023-12-12 01:12:13

IyaJJJ
Member
Registered: 2023-01-25
Posts: 1,532

Re: One of the reason you should not trust Government or centralized syste

Vastextension;27442 wrote:
thrive;27441 wrote:
oba;27440 wrote:

If fast transaction processing speed and immediate fund access are a priority for you, decentralized exchanges (DEXs) may offer an alternative.

DEXs operate on blockchain networks and allow users to trade directly from their wallets, which can potentially offer greater speed and autonomy.

However, DEXs may have limitations in terms of liquidity and trading options compared to centralized exchanges.

It's important for users to research and consider the reputation, reliability, and performance history of any exchange they intend to use, as well as the associated risks and trade-offs involved.

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#133 2023-12-13 22:50:40

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: One of the reason you should not trust Government or centralized syste

IyaJJJ;27443 wrote:
Vastextension;27442 wrote:
thrive;27441 wrote:

DEXs operate on blockchain networks and allow users to trade directly from their wallets, which can potentially offer greater speed and autonomy.

However, DEXs may have limitations in terms of liquidity and trading options compared to centralized exchanges.

It's important for users to research and consider the reputation, reliability, and performance history of any exchange they intend to use, as well as the associated risks and trade-offs involved.

The Government play their roles in the sense of protecting Life and properties, and in order to makes that works they need to be to control every inch of the system without exclusion.

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#134 2023-12-13 22:53:53

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: One of the reason you should not trust Government or centralized syste

Europ;27552 wrote:
IyaJJJ;27443 wrote:
Vastextension;27442 wrote:

However, DEXs may have limitations in terms of liquidity and trading options compared to centralized exchanges.

It's important for users to research and consider the reputation, reliability, and performance history of any exchange they intend to use, as well as the associated risks and trade-offs involved.

The Government play their roles in the sense of protecting Life and properties, and in order to makes that works they need to be to control every inch of the system without exclusion.

With that been said create a big choices to control peoples fund and limit citizen to succumb to their rules as they implied all controls in hand. It greatly devalue citizen when their properties still falls out of hands or seize by lower power government agency.

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#135 2023-12-14 21:43:30

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,282

Re: One of the reason you should not trust Government or centralized syste

Decentralized cryptocurrencies offer censorship resistance, meaning transactions cannot be easily censored or controlled by any central authority. This is in contrast to centralized systems where authorities may impose restrictions

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#136 2023-12-14 21:45:48

Kelechi
Member
Registered: 2022-12-25
Posts: 2,148

Re: One of the reason you should not trust Government or centralized syste

certain situations, governments may seize assets or freeze accounts. Decentralized cryptocurrencies provide users with more control over their funds, reducing the risk of government interference.

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#137 2023-12-16 14:42:15

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: One of the reason you should not trust Government or centralized syste

Kelechi;27572 wrote:

certain situations, governments may seize assets or freeze accounts. Decentralized cryptocurrencies provide users with more control over their funds, reducing the risk of government interference.

That will be a very great lost when you lost to the government cause basically the government are the institute that are mainly trying to convert the world unreachable funds to their private pleasure pocket.

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#138 2023-12-16 23:48:16

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

Comrade;27682 wrote:
Kelechi;27572 wrote:

certain situations, governments may seize assets or freeze accounts. Decentralized cryptocurrencies provide users with more control over their funds, reducing the risk of government interference.

That will be a very great lost when you lost to the government cause basically the government are the institute that are mainly trying to convert the world unreachable funds to their private pleasure pocket.

I can say its not only government but also the IT tycoons with dubious concept of making profits and  hacking unified projects for their funds.

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#139 2023-12-17 00:16:42

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

In most cases, the primary purposes of using internet for government values are for performing data processing tasks, maintaining citizens' database, and promoting a paperless environment.

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#140 2023-12-17 23:25:03

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,282

Re: One of the reason you should not trust Government or centralized syste

Centralized exchanges can face financial difficulties, legal issues, or changes in management. In extreme cases, exchanges may close abruptly, leading to potential losses for users who have funds stored on the platform.

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#141 2023-12-18 20:42:52

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 1,894

Re: One of the reason you should not trust Government or centralized syste

CrytoCynthia;27860 wrote:

Centralized exchanges can face financial difficulties, legal issues, or changes in management. In extreme cases, exchanges may close abruptly, leading to potential losses for users who have funds stored on the platform.

Centralised exchanges are easy for government to break and get information about the users of those types of centralised exchanges.

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#142 2023-12-18 21:43:22

Kelechi
Member
Registered: 2022-12-25
Posts: 2,148

Re: One of the reason you should not trust Government or centralized syste

There are different types of decentralization, including administrative, fiscal, and political decentralization. Administrative decentralization involves transferring authority for planning, decision-making, and management to lower levels of government. Fiscal decentralization relates to the delegation of financial responsibilities, while political decentralization involves the distribution of political power. Distinguishing between these types helps clarify the specific aspects being addressed.

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#143 2023-12-18 21:56:03

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,520

Re: One of the reason you should not trust Government or centralized syste

Well decentralisation is not a word originated by Crypto-currency, this word has always been in existence for a very long time and has its purpose in the human life.

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#144 2023-12-20 23:38:48

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

Decentralization are commonly know as the system that conjoin to safe  users services and easily back up their time spent outcome provision.

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#145 2023-12-23 07:49:11

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

The space that consist of a compound informated data linked to each other in a way to that best create an undisputed transaction form is called decentralization.

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#146 2023-12-23 21:23:11

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

Its good to know that the system provides a large accredited space of secured peer to peer services and exchange values that is flawless.

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#147 2023-12-24 21:03:02

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: One of the reason you should not trust Government or centralized syste

Every driven authorization of centralization co exist to disclaim the existence of decentralization in which it can be easily uncovered in history.

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#148 2023-12-24 21:40:23

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

The Government execute the law, control the law, enforced it on the citizen and despite the citizen are not in good state of work.

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#149 2023-12-24 23:37:35

Kelechi
Member
Registered: 2022-12-25
Posts: 2,148

Re: One of the reason you should not trust Government or centralized syste

Government-controlled exchanges are inherently centralized, meaning they are operated and governed by a central authority. Centralization comes with risks such as a single point of failure, potential misuse of power, or susceptibility to external pressures

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#150 2023-12-27 22:22:01

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

One of the main disadvantages is the potential for over-regulation. When government policies become too burdensome and restrictive, they can stifle innovation, hinder economic growth, and create unnecessary bureaucracy.

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