The crypto community is getting bigger on daily basis, new institutions, big investors and country leaders/government are taking into use Bitcoin and some other crypto currencies. Because the system is not centralized, there are still some people who are skeptical in investing.
Crypto Exchanges being the market place for buying and selling, do you think the Decentralized Exchange and Centralized Exchanges will be on an equal treatment or one with power will suppress the other as per government involvement in one and not in the other on the long run?
What are your thoughts on this?
Dex and CEX are just an exchanger from where you can exchange your crypto. But if you want to hold your crypto, then using a non-custodial wallet is the safest. However, in the future, when the government of every country accepts crypto as a legal currency, then CEX will be the most popular because at that time the government will have to keep track of the crypto usage and transactions of its own people because the government will collect taxes from crypto. And then the use of Dex may decrease a lot. Because at that time the government will try to prevent anyone from transacting anonymously.