I did some research on Bitcoin because I was interested in it, and I discovered that the key principles of Bitcoin are peer-to-peer, anonymity, pseudonymity, decentralization, and operating without a middleman to ensure that Bitcoiners can have financial freedom. However, despite knowing that Bitcoiners adhere to these tenets, why do some Bitcoiners act contrary to them? Why do they continue to support centralized exchanges, use them, and retain their Bitcoin there?
Hey mate! I know that you have also used the central exchange platforms for transactions and you know the purpose of those platforms and also know the basic concept of Bitcoin. Those central platforms are carrying out some of the purposes and functions of Bitcoin. Those are the digital banks bitcoin, so bitcoiners use those platforms to make fast and easy transactions. There are some locations that there are no vendors so in such location your have to use the exchange platforms for the transactions.
Your financial freedom with Bitcoin is still guarantee because the exchanges do not or can not have access to your wallet. And the main thing is the wallet. It is when you transfer your coins to the exchange that you will make the transactions.