It's like we need a central authority for all exchanges... Because you know, for the protection of society.

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The fact they collateralize in tokens and put the money in banks that lend out the money. Sucks btcs prices is heavily linked to other financial vehicles. Is anyone really decentralized lol

People have to retrain their brain that its self custody or bust. We used to know this centuries ago, but with a century of fiat, we've grown very fat and very lazy. Bitcoin's true value won't be realised until that self custody tipping point is reached imo.