Post
Topic
Board Bitcoin Discussion
Re: CEX deserves all criticism but not the hate
by
mindrust
on 26/01/2023, 05:09:40 UTC
CEX deserves all the hates it getting now but doesn't mean it has also not been helpful to bitcoin and crypto space.


True. Most people in crypto can't handle the responsibility for their funds let's be honest. CEX's and banks are there for this purpose mostly. To fix the stupid stuff you do. In an ideal world, banks and cex's shouldn't exist but we don't live in an ideal world. It is not even a matter of stupidity sometimes. Sometimes clever people make mistakes too.

People hate the CEX and banks so much but they can't imagine what would happen without them. It would be catastrophic.