You are viewing a single comment's thread from:
RE: Crypto crackdown in progress
I don't think they'll be valuable because no one is going to use them. If only criminals, money launderers, terrorists, spies, (insert bad association), are using the platform then they'll just accuse anyone who uses them to be involved in money laundering, terrorism or something else which renders decentralized exchanges useless to all by the fringes.
In my opinion we require regulated centralized exchanges which can connect to the legitimate fiat markets. I do not think these crypto to crypto exchanges are ever going to be used by billions of people and I doubt you believe that either. There is a reason why Coinbase and Gemini are necessary.
True, but if cryptocurrencies become harder to acquire ( they are quite easy to spend, even with legitimate companies 😉) people will move to more irregular platforms. I expect to see growth in decentralised exchanges, but hey, I might be wrong. I don't think regulations will solve any real problems, as the "solutions" might be worse than the risks I have now with unregulated exchanges.