I am not talking about exchanges, which are not cryptocurrency. I am talking about on-chain finance, which in theory, can supersede the entire financial system,

I am not talking about exchanges, which are not cryptocurrency. I am talking about on-chain finance, which in theory, can supersede the entire financial system, negating the need to interface with off-chain entities like exchanges. Yes, this is all speculated/unrealized potential at the moment, but the potential is there nonetheless.