Wise people used to say that the weakest point of BTC are exchanges. You can't do without them, at least in the early stage, because you have to redistribute coins somehow, but using them not only carries a risk of losing your coins permanently, but also of losing your privacy, wealth and possibly freedom.
If only people stopped using centralized exchanges....
If only people stopped using centralized exchanges....
Without exchanges to which you can simply wire money or request withdrawals with a click BTC would not be here and crypto usage with be a hundred times lower.
Nobody is going to use a coin if you need each time to search for a vendor on a shady platform, compare the prices, research the guy reputation and then always live with the fear that he has paid you with a fake account and you risk getting a chargeback.
Exchanges are needed and people like them how they are, otherwise, you would be seeing thousands of transactions on other platforms, but nobody cares about them in reality. I consider even LB a pain in the ass to deal with because of the lower prices and only traded there if I needed funds really fast.
