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This is interesting. I always thought crypto exchange <==> bitcoin, and so you still have these centralized actors in the system and it isn't any better than re
by framecowbird 6y ago
This is interesting. I always thought crypto exchange <==> bitcoin, and so you still have these centralized actors in the system and it isn't any better than regular banks. But you're saying that if the whole world was using Bitcoin you wouldn't need crypo exchanges and everything would be decentralised, right?
- lgl 6y agoYes, pretty much. Exchanges are needed now to buy or sell Bitcoin with regular money. If everything was Bitcoin there would be no such need. It will never happen though imho.