https://padlet.com/imasil/94oambzauws1fzh2 Made with a creative frenzy en-us 2021-01-16 04:12:08 UTC 2021-01-16 04:53:59 UTC hello@padlet.com imasil https://padlet.com/imasil/94oambzauws1fzh2/wish/1093385106 centralized]]> 2021-01-16 04:12:23 UTC https://padlet.com/imasil/94oambzauws1fzh2/wish/1093385106 imasil https://padlet.com/imasil/94oambzauws1fzh2/wish/1093387080 decentralized
examples: bitcoin]]> 2021-01-16 04:16:10 UTC https://padlet.com/imasil/94oambzauws1fzh2/wish/1093387080 imasil https://padlet.com/imasil/94oambzauws1fzh2/wish/1093387256 2021-01-16 04:16:29 UTC https://padlet.com/imasil/94oambzauws1fzh2/wish/1093387256 imasil https://padlet.com/imasil/94oambzauws1fzh2/wish/1093395995 - the bank controls the money given to them, the individual puts their full faith in the bank, individuals have full trust in the bank. banks coordinate the transfer and release of $
- implications: a closed system with high barriers to entry; old money operates the system that maintains (banks)]]> 2021-01-16 04:34:18 UTC https://padlet.com/imasil/94oambzauws1fzh2/wish/1093395995 imasil https://padlet.com/imasil/94oambzauws1fzh2/wish/1093398538 - greater accountability, transparency, self - sovereignty, for currency holders
- implications: an accessible system with low barriers to entry]]> 2021-01-16 04:39:13 UTC https://padlet.com/imasil/94oambzauws1fzh2/wish/1093398538