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RE: [Good news for BTS]China central bank is investigating centralized exchange in China, decentralized exchange is in demand

in #bitshares7 years ago (edited)

Unlikely. Legitimacy is important and centralizes exchanges must first be legitimate before decentralized exchanges can achieve the same level of legitimacy.

We should wish luck the centralized efforts to achieve legitimacy and then set up Bitshares as a way to improve security of exchanges which might on the surface appear centralized (centralized front end) but decentralized on the backend.

Summary, legitimacy is critical to sustained security.

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