Crypto Exchanges are horrible . They act as brokers, custodian and exchanges all in one. The industry claims they need USA regulation but they don’t engage in a

Crypto Exchanges are horrible . They act as brokers, custodian and exchanges all in one. The industry claims they need USA regulation but they don’t engage in a reasonable manner. I still think ftx was the worst but I will shed no tears if Binance goes down. While I’m ranting… it’s time for bft systems not based on blockchain. These systems are all: 1) poorly tested. Btc, the best of them would never be shipped at a top tech company with such bad docs/testing 2) barely available. The rpc end points for most of these chains are barely up at three 9s. 3) hardly distributed or censorship resistant . The idea that govt can’t stop these networks is laughable