4 ms·
Yeah, I remember when cryptobros talked about self-contained crypto economy. In that ideal scenario exchanges aren't necessary. But 14 years have passed and not
by zirgs 4y ago
Yeah, I remember when cryptobros talked about self-contained crypto economy. In that ideal scenario exchanges aren't necessary. But 14 years have passed and nothing has come of it. Off-ramps are still necessary.
Exchanges that deal with real money have to abide by rules and regulations of their jurisdiction. Governments can tell them what to do.
Crypto exchanges that deal with crypto only can indeed hide from governments, but if they steal your money - there's nothing you can do.
- jqpabc123 4y agoOff-ramps are still necessary. Sooner or later, everyone is faced with the necessity of interfacing with reality. You can't escape gravity (physical or financial) just because you don't like it or don't trust it. Gravity doesn't care what you like.