Post
Topic
Board Bitcoin Discussion
Re: Centralised Exchanges are the Biggest Enemies of Bitcoin
by
bhooscream
on 06/03/2022, 21:42:51 UTC
Big CEXs are killing the original bitcoin spirit by forcing users to pay tax on gains, freezing user's assets, preventing users from using their service depending on their IP and more.
CEXs don't force the users to pay tax, they already inform the users about it on their rules. If the users don't agree about it, the users can choose another type of exchange. Regarding freezing assets, it is only applied for a certain case. Basically, CEX has no intention to freeze their users' assets since it only makes the users be not active in trading on the exchange. Freezing the assets is the ultimate decision for a certain case.

And we need to stop using CEX and funding what we are all against.
No, we can't stop using CEX. CEX has a big role to develop crypto industry. We will have difficulties trading crypto coins if we have no CEX.