Post
Topic
Board Bitcoin Discussion
Re: How important are exchanges?
by
jokers10
on 11/12/2022, 00:43:07 UTC
...
they said centralised exchange somehow is safe and secured for trading as they do conduct kyc
...

To come to a decentralized project invented to become anonymous and trustless to choose a centralized intermediary which will totally destroy anonymity with KYC... Ingeniously! (Sarcasm.) Looks like most people who do so just don't understand what Bitcoin is and that there are classical financial assets which have included all that things with a trust to a third party and KYC and it is much easier to use those assets and not Bitcoin if they are interested in that.