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RE: Decentralized Trading Guide: Installation and Initial Configuration
Great, sounds good but without exchanges how would we determine price of the crypto. The exchanges provide liquidity and allows the market to determine price through the mechanism of supply and demand. They do serve a useful purpose even if some turn rogue. People in the crypto space are generally averse to regulation but sometimes it is in place to protect you and not always control you.
It would be a good problem to have if we ever made it there - I do not think it will happen.
If a decentralized exchange became the main source of trading, then you would just grab the price from the decentralized exchange itself.
Thanks for clarrifying, I think I'll need to think a little more how the technology would work to determine price.