I've recently come across this story about Telegram planning to launch its own wallet/exchange and wanted to see your opinion on the matter, since I don't know how to feel about it or if it's good for the overall crypto space or not.
Quote
Telegrams founder and CEO, Pavel Durov, announced today on his Telegram channel that he is planning to build "a set of decentralized tools." These will include non-custodial wallets and a decentralized cryptocurrency exchange. Durov also talked about the state of centralization in digital assets, and the role FTX played in it.
Do you think that this could actually work, and potentially be a decent rival to Binance?