TLDR
The dream of decentralization and censorship resistance is dominated by centralized exchanges like Binance and Coinbase. Speculation still drives the market and fuels the continued growth of centralized exchanges. 2019 was also the year that we started to see Initial Exchange Offerings conducted on exchanges compared to publicly. ICOs that list on exchanges right away that have nothing to offer and no product are basically Ponzi schemes, with ICO team at the top, ICO Buyers second Layer and people on the bottom of the pyramid. The best example of the power of useful decentralization is Bitcoin.via the TL;DR App
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Written by Benji | Chaos is a ladder.
