Bitcoins value prop is money you can't fuck with. Trading on central exchanges is irrelevant to changing any of its monetary policy.
Discussion
No, it's value prop is removing intermediaries.
Users are either using it permissionlessly or not. And if you're not it's just a shittier version of fiat. What is irrelevant is most of that volume.
The exchanges are using it permissionlessy...
No they're not either they're on white markets...