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I still remember early on near when it all began. Some of the very first exchanges were in fact, decentralised, like Bisq. People just love convenience. Press some buttons, and done. I admit guilt in this as well, but early on internet itself was more rudimentary. The idea of decentralised exchanges has STILL not caught on to any degree. Do you know why? Simple. It is NOT profitable ENOUGH in fiat terms for exchanges or people who have the buying power to create such exchanges.

This, in turn, turned these button press exchanges into Giants! What do Giants do with large sums of customer money? They in fact rehypothecate it, offer futures, bot trading and leveraged casino betting of course to make even more money!

I admit, this is just a shitpost talking like a regular guy who lost his first account on binance when they kicked all non U.S. peeps out and made them move lol.

If, at this time now in some parallel universe , had decentralised exchanges grown in number and technology, i think this journey would have been much much different.

How does this relate to Bitcoin? Well, i challenge the well doers and conceptual creative people doing large in Bitcoin to create more of what seems so inherent to Bitcoins white paper. Thankyou. / rant over:)

submitted by /u/18476
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