Exchanges create the use case for virtually every transaction. Strict P2P is closer to the original vision, but the world of using crypto as a fiat proxy, the p

Exchanges create the use case for virtually every transaction. Strict P2P is closer to the original vision, but the world of using crypto as a fiat proxy, the potential for profit, and the entire industry of mining equipment, etc, is made possible by the fiat-crypto bridge enabled by exchanges.