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Board Beginners & Help
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What should P2P on centralized exchanges should be called?
by
_act_
on 30/07/2023, 04:56:16 UTC
I do not like to see people using P2P for centralized exchanges. The centralized exchanges has been confusing people about it. P2P means the exchange should be without any intermediary but the exchanges are the intermediary which makes the not to have p2P but another thing entirely.

P2P are:

  • exchanging bitcoin directly with another person like on this forum
  • the use of decentralized exchanges

But if we want to call centralized exchange P2P, what should it be called? We need a name on this forum to be calling them. The centralized exchanges have stolen what P2P is. Even many people are this forum are calling them P2P.