More and more Decentralized Exchanges are popping up, but are they really what they are hyped up to be?
https://www.youtube.com/watch?v=d-xA7p9NbdII think the concept is great, but at the moment they are really hard to use because of constant downtimes especially on IDEX and EtherDelta. What are your thoughts on this?
Centralized exchanges are more convenient and easy to use than their decentralized counter parts, but the big problem of centralized exchanges is that governments are concentrating in them to try to regulate the market of cryptocurrencies, we must remember that every single point of centralization is going to be a point of failure that governments are going to try to exploit so not only need we need a decentralized currency like bitcoin we also need decentralized exchanges so we can convert our coins without being subject to government surveillance.