Quote from: electronicash on Today at 07:50:53 AM

Quote from: semobo on Today at 06:18:40 AM

Quote from: udayantha11 on Today at 05:00:16 AM

As per the views.

Now Binance CZ have

- Most traded Exchange
- Smart chain
- Wallets
- 3rd Best Crypto - BNB

So he can influence more and more to crypto space. One day he can centralize these system. Whats your view about this

You can't assume that it is going to be the same forever, there is always something which replaces the existing projects so Binance maybe replaced by some new exchange in the future. But if we let the centralization of Binance grow further then its nit really good for the decentralized community.

none of them is going to give up control over their users. with the money they get from the exchange none of them is going to let go.
even the DEX we see today are not even really DEX as long as there is someone behind it who owns the domain and server. uniswap is owned by someone, traders still like it because there's no KYC.

Even of the decentralized exchanges are owned by someone it is not on the control of them or atleast our funds are in our control and there is no KYC so the exchanges may earn money while the users can still maintain their privacy.