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RE: Binance will add EUR, USD and GBP Pairs

in #bitcoin6 years ago

Decentralized? I don't think decentralization will allow for international/ worldwide expansion due to its ability to bypass regulations or to create an unregulated market which will def be a haven for scammers to thrive.

Decentralization is just a word thrown about arbitrarily without consideration of the disadvantages. The general pup does not want a decentralized world. They want their finances to be handled by a 3rd party for a few reasons some which are critical due to multi-tasking.

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Decentralized? I don't think decentralization will allow for international/ worldwide expansion due to its ability to bypass regulations

Is not this the reason to how it "will allow for international/ worldwide expansion"?

or to create an unregulated market which will def be a haven for scammers to thrive.

scammers thrived more due to centralized exchanges being easier to hack:
See binance, mtgox, and every other exchange that was hacked.

Decentralization is just a word thrown about arbitrarily without consideration of the disadvantages. The general pup does not want a decentralized world.

I referred only to decentralized monetary system, and in particular, to decentralized exchanges and currencies.

They want their finances to be handled by a 3rd party for a few reasons some which are critical due to multi-tasking.

?

scammers thrived more due to centralized exchanges being easier to hack:
See binance, mtgox, and every other exchange that was hacked.

Ok, so you are referring to the overal security of the system, an exchanged built on a blockchain platform to be more resistant to hacking, got ya! I think Binance has a decentralized exchange coding competition for the purpose of building one in the near future.

They want their finances to be handled by a 3rd party for a few reasons some which are critical due to multi-tasking.

This wasn't properly but nevermind it's irrelevant.

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Actually, unless you want high speed trading, the big boys will be happier without handing control over their funds to a 3rd party

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