InvestorsHub Logo
Followers 15
Posts 3589
Boards Moderated 0
Alias Born 12/21/2009

Re: reaper247 post# 106467

Tuesday, 08/20/2019 12:35:48 AM

Tuesday, August 20, 2019 12:35:48 AM

Post# of 156698
Ok ... decentralized currency's are not dependent on a single entity to control quantity or price.

The mechanisms involved use POW or POS to reward validation of transactions
with economic incentives that are disbursed through it's ecosystem.

Centralized currencies pre-mine the currency and also validate the transactions. The charges involved are entirely up to the company.
And btw ... if it is zero .. why the hell is anyone invested here?

Rofl.

This is how the dollar works ... the government prints it.
Centralized ... decentralized ... big difference.

It's very easy to understand.
And btw ... really?

We gonna do this again?