@docmastery you are rocking. I have somting similar on my mind when I wote post about pros and cons of centralized exchanges.

help to make it visible and resteem, if you thing that is good content: https://steemit.com/cryptocurriences/@tombort/why-irs-can-bust-you-on-centralized-exchanges-and-not-on-bitshares, i already resteemed this post.

Unfortunately there is no pros for centralized exchanges. They sucks!