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Cryptocurrencies are P2P so they can't be truly stopped, just like P2P piracy couldn't be stopped. Centralized exchanges are about as big of a weakness as cent
by mtgx 9y ago
Cryptocurrencies are P2P so they can't be truly stopped, just like P2P piracy couldn't be stopped.
Centralized exchanges are about as big of a weakness as centralized public torrent sites are, but even that could be changed if the need for decentralized exchanges truly arises. Right now, decentralized exchanges have a big chicken and egg problem (you need sellers to buy, and viceversa). But if the top 10 cryptocurrency exchanges were shut down, the chicken and egg problem would disappear.