The fact that scamming and bot problem in telegram has only grown makes me think how much effort they will put in this then. Decentralization in context of all of this seems to echo just lack of responsibility when things turn bad just like in telegram.

However, if they would pull this off maybe they have thought of something others haven't. Telegram has the best GUI in chatting programs out there. It's sleek and intuitive and useful. Minimalistic as IRC, just easier to use. So i am hoping this exchange would be designed to be as intuitive as telegram. Because that would rise crypto adoption. Sadly the amount of scammers in telegram too.

I don't see any decentralized service as a rival to binance.