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 make them 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
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 on this forum are calling them P2P.
What about CEP2P? It means centralized exchange P2P.
If anyone advertises P2P when it's not, it should be illegal. I have no idea what type of P2P you are talking about but most of the centralized exchanges I know does a P2P keeping itself as a escrow system. Having a escrow in P2P don't make than non-P2P.