>the supposed point of crypto is to reducing the reliance on, and grifting from, companies like Coinbase. Not necessarily, the point of crypto is to reduce rel

>the supposed point of crypto is to reducing the reliance on, and grifting from, companies like Coinbase. Not necessarily, the point of crypto is to reduce reliance on fiat money, due to the high fees of crypto it makes sense to build centralized services on top backed by decentralized cryptocurrencies, these exchanges dont hold real power, as you can just switch exchanges (unlike credit card processors). Bitcoin is like the internet gold, but you dont buy stuff with gold.