Decentralized Exchanges Are the Future
Central powers impose regulations on central trading exchanges within their jurisdictions like KYC, AML, and licenses to monitor the flow of money.
To true essence of crypto is decentralization. The futures are decentralized exchanges without the burden to provide identity, trade freely, and without monitoring.
The complete story:
Source: https://cryptoinsider.21mil.com/decentralized-exchanges-a-major-development-future-crypto-trading/
Check out my previous posts on my crypto blog
- Altcoins Strategy for Increasing your Net Worth and Value - https://chesatochi.com/altcoins-strategy-increasing-net-worth/
- The Ultimate Airdrop Guide For Collecting Free Coins - https://chesatochi.com/ultimate-airdrop-guide-collecting-free-coins/
- Tokenization and Attention Economy Give Power Back - https://chesatochi.com/tokenization-attention-economy-give-power-back/
- Earn.com Review – the Emails Provider that Pays you in Crypto - https://chesatochi.com/earn-com-review-emails/
- Bloodbath versus 3 Crypto Strategies - https://chesatochi.com/bloodbath-versus-3-crypto-strategies/
- The Transition to a Crypto World and the Way your Perceive Value - https://chesatochi.com/transition-fiat-crypto-world/
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"Government has purpose, but there is no room for corruption."good quote from the post @chesatochi. This sums up my feelings on SEC getting involved with the exchange market. Now if all the coins and tokens came togather and self regulated, then we would see real innovation. I could see it now the users of the decentralized exchange voti g on which country around the world gets the fees for a month. Haha that would be a bright future. Great post.
I just got to know steemit and joined this media. your post is very good, @pakali will follow you and hope to learn about this media from you
Welcome @Pakali to Steemit, an awesome community, and minded crypto people :)
I couldn't agree with you more. Decentralization is the future. Great post!
An exchange like Bitshares is the future.