The thesis against Crypto Exchanges
Crypto is digital money, and it supposes to serve you automatically. Why you need a third party to guard your money?
The question is, what makes crypto exchange services appealing to you?
The ChatGPT answered:
A crypto exchange is necessary for individuals and institutions to buy and sell cryptocurrencies. Without a crypto exchange, it would be difficult for people to find a buyer or seller for their digital assets and the process would be less efficient. Exchanges also provide a platform for trading and speculation, and often offer additional services such as wallets for storing cryptocurrencies. Additionally, exchanges can also offer trading pairs for fiat currencies, allowing individuals to buy cryptocurrencies using traditional currencies. Overall, crypto exchanges play a crucial role in the ecosystem of digital assets by providing liquidity and facilitating the buying and selling of…
