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From a financial trading/pricing standpoint, I'd say bitcoin is centralized too, in that binance, bitfinex, coinbase and the rest of the major exchanges are nec
by raesene9 5y ago
From a financial trading/pricing standpoint, I'd say bitcoin is centralized too, in that binance, bitfinex, coinbase and the rest of the major exchanges are necessary for the trading process.
Then when you add their dependence on centralized stablecoins like Tether to the mix, I don't think BTC would have the price it has now, if it were truly decentralized.