So, every now and then I see a post about the beauty of a decentralized exchange. Well here's the thing. You can't get USD on a Decentralized Exchange, adding new coins to trade will always be a headache, and since there won't be any censorship, scamming with new, random, 2 day old altcoins will be abundant, among other things
Decentralized Exchanges sound good in theory, but in practice it just isn't plausible.
Decentralized Exchanges can works, but never replace the Centralized Exchanges.
Of course they can replace , so you are telling me that Exchanges that defeats the purpose of Bitcoin (being annonymus) as I said above cannot replace Decentralized Exchange ? could disagree more to be honest .
Centralized Exchange is the worst thing that happened to Bitcoin if you ask me , BTER , MtGox , Bitsmap hacks are a proove for that .
~ Madness