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> I mostly get why, incumbents don't like change, but still. Or most likely, poor KYC/Fraud controls, lack of a central counterparty clearing house, limited pe
by reese_john 3y ago
> I mostly get why, incumbents don't like change, but still.
Or most likely, poor KYC/Fraud controls, lack of a central counterparty clearing house, limited performance, terrible UX...
- jrm4 3y agoThese are all things that a theoretical crypto-based competitor could work on.
- mminer237 3y agoTo an extent many have, but requiring the identity verification needed to prevent fraud is also a significant hindrance to adoption. Also, crypto is inherently susceptible to irreversible theft from hacks, which affects both customers and exchanges.