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RE: Forbes FINtech 50 features 11 Blockchain firms
Note to self, you want to be rich in cryptocurrencies? Create an exchange, that way you'll get rich through other people's money! Obviously without the scam...but the scammers gets away with quite a bit too lol!
I dont know if thats a good strategy because what happens when decentralised exchanges come and what would be your competitive advantage. Also remember they are exchanges like cobinhood that don't charge anything how would you compete with them.
Decentralized exchanges already exist and none is as efficient as centralized exchanges. Don't get me wrong, there are still improvements that can be done on the exchanges itself thus the rise of Binance to the top but we are definitely getting there.