Post
Topic
Board Altcoin Discussion
Re: DEX must take over
by
jossiel
on 22/11/2020, 22:11:38 UTC
Decentralized exchanges need to take over centralized exchanges in the future, going fully decentralized is what makes more sense around crypto, centralized exchanges can be controlled by the law and government, I heard court is asking users data from centralized exchanges too, just imagine if all exchanges in crypto space are all DEXs, I know that DEX has its flaws too but it's safer than centralized exchanges
The court can ask anything if the business is established within its country range. And as usual for centralized exchanges, they'll give everything the court is asking to them and they need to provide it without questioning.

It can be related to investigation, theft, taxation and other personal matters.

DEXs are still not yet getting much attention. But as long as they'll remain and we have set of choices, we'll never know someday if the choice of the people will change and getting from CEXs to DEXs.