Crypto adoption is happening rapidly and I think there is a very little chance to be restricted crypto worldwide. Either Crypto will be more popular and Cex exchanges will be more trusted in future. If accidentally Cex exchanges exits then Dex exchanges should develop more by adding good features otherwise it will be a very backdated experience to continue with only dex exchanges.
the development of the DEX exchange has also been quite rapid and more and more features are being provided. In fact, many new blockchains are emerging with various DEXs supporting them. CEX may still be needed to bridge the gap between crypto and fiat money, because everyone still needs fiat. The crypto world without CEX still doesn't seem like it will happen, CEX are getting serious attention from the government and will be supported if they continue to pay taxes regularly. Like it or not CEX is still needed. 
Topic: A crypto world without CEXs...How would it be? - page 2. (Read 414 times)
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Assuming that somehow centralized exchanges were banned all over the world then this will be without a doubt a very strong blow against this market, as people are simply too accustomed to use the services centralized exchanges provide, and while decentralized exchanges could provide some volume to this market it would not be enough, and with this in mind I think a dramatic decrease on the price of all coins could follow and create a new crypto winter.Will people stop using crypto anymore?
And I think not, even though the crypto winter may be long, but I understand the potential this field brings, but the current regulatory hurdles only make this market stronger, not the end.
If we have the option to stop CEX from collapsing, I know we have to do it. But given that case, therefore, we leave no option but to use DEX. Should we think it was worrying, I guess not.
The crypto world without Centralized remains strong, it might cause a huge impact on the market but never I think it ended as people will start using decentralized exchanges as well. In fact, not all traders and investors are using CEXs. And despite this speculated scenario, still crypto remains legal unless is declared illegal in a particular place or country.
The crypto world without Centralized remains strong, it might cause a huge impact on the market but never I think it ended as people will start using decentralized exchanges as well. In fact, not all traders and investors are using CEXs. And despite this speculated scenario, still crypto remains legal unless is declared illegal in a particular place or country.
As you mentioned, centralized exchanges now provide most of the liquidity of the cryptocurrency market. However, using centralized exchanges also carries risks, including the risk of loss of safety and security, and the possibility of being regulated or shut down by governments. A world without a centralized exchange (CEX) is not necessarily the end of cryptocurrencies. However, it can cause some difficulties for the liquidity and trading of cryptocurrencies. But I can speculate more about new things coming out and changing people's usage behavior, and if the government really takes the positive side of this industry seriously, then whether CEX or DEX just as a means of connection.
Assuming that somehow centralized exchanges were banned all over the world then this will be without a doubt a very strong blow against this market, as people are simply too accustomed to use the services centralized exchanges provide, and while decentralized exchanges could provide some volume to this market it would not be enough, and with this in mind I think a dramatic decrease on the price of all coins could follow and create a new crypto winter.
Crypto adoption is happening rapidly and I think there is a very little chance to be restricted crypto worldwide. Either Crypto will be more popular and Cex exchanges will be more trusted in future. If accidentally Cex exchanges exits then Dex exchanges should develop more by adding good features otherwise it will be a very backdated experience to continue with only dex exchanges.
CEX helps to give more liquidity to most of the cryptocurrencies out there but the only problem is the regulations and restrictions of the world government against it. we just need to be thankful that despite all of this, some countries won't ban it as long as they pay the amount of taxes that they need to pay in that country. That alone is huge progress compared to past years' experience with bitcoins and altcoins. Also, some big companies are already putting some effort into innovating their services to adopt cryptocurrencies as their accepted and offered payment. To be honest, it's hard to think at least for a newbie like me how it would be if there will be no CEX anymore today.
The benefits are highly overweighting the troubles of it. I think there are governments and all that trying to take control over these companies, not in a CEO type of way, not in a lets take control of it and run it ourselves type of way, but basically be under their wings and do not go out of their way and just follow it, like whatever they told the company to do, type of way.But, since crypto is a decentralized thing and exchanges can be run from anywhere around the world, they fail to do that. Which is why I believe that it is not going to be as easy as people think it could be. Hence, exchanges will continue to be freely used whenever we want to.
I am sorry but a place with just 20 million or less volume can't make enough from trading profits to just pay for a security specialist let alone anything else. They cost as much as 10-20k per month if you hire someone who is good, and I mean really good. And any place that sees that as not important, should be avoided by all means.
As you mentioned, centralized exchanges now provide most of the liquidity of the cryptocurrency market. However, using centralized exchanges also carries risks, including the risk of loss of safety and security, and the possibility of being regulated or shut down by governments. A world without a centralized exchange (CEX) is not necessarily the end of cryptocurrencies. However, it can cause some difficulties for the liquidity and trading of cryptocurrencies. But I can speculate more about new things coming out and changing people's usage behavior, and if the government really takes the positive side of this industry seriously, then whether CEX or DEX just as a means of connection.
The benefits are highly overweighting the troubles of it. I think there are governments and all that trying to take control over these companies, not in a CEO type of way, not in a lets take control of it and run it ourselves type of way, but basically be under their wings and do not go out of their way and just follow it, like whatever they told the company to do, type of way.
But, since crypto is a decentralized thing and exchanges can be run from anywhere around the world, they fail to do that. Which is why I believe that it is not going to be as easy as people think it could be. Hence, exchanges will continue to be freely used whenever we want to.
But, since crypto is a decentralized thing and exchanges can be run from anywhere around the world, they fail to do that. Which is why I believe that it is not going to be as easy as people think it could be. Hence, exchanges will continue to be freely used whenever we want to.
The only exchabges than "can be run from anywhere around the world" are decentralized ones. Centralized ones, on the other hand, can be easily shut down or seized by mainstream governments. These entities can directly enforce the rule of law on a CEX because there's someone behind it to hold accountable for his/her actions. In other words, there's a middleman that's in-charge of the CEX.
While I don't think every CEX in the world will disappear, regulations will increase to a point where only a "small few" will remain on the industry. I wouldn't worry about this as long as crypto/Blockchain tech remains decentralized and censorship-resistant. Who knows if big names like Binance and Coinbase will survive in the future? Just my opinion
CEX helps to give more liquidity to most of the cryptocurrencies out there but the only problem is the regulations and restrictions of the world government against it. we just need to be thankful that despite all of this, some countries won't ban it as long as they pay the amount of taxes that they need to pay in that country. That alone is huge progress compared to past years' experience with bitcoins and altcoins. Also, some big companies are already putting some effort into innovating their services to adopt cryptocurrencies as their accepted and offered payment. To be honest, it's hard to think at least for a newbie like me how it would be if there will be no CEX anymore today.
The benefits are highly overweighting the troubles of it. I think there are governments and all that trying to take control over these companies, not in a CEO type of way, not in a lets take control of it and run it ourselves type of way, but basically be under their wings and do not go out of their way and just follow it, like whatever they told the company to do, type of way.But, since crypto is a decentralized thing and exchanges can be run from anywhere around the world, they fail to do that. Which is why I believe that it is not going to be as easy as people think it could be. Hence, exchanges will continue to be freely used whenever we want to.
In some countries regulations are very strict and cryptocurrency is banned. But still there people are using crypto because crypto space is anonymous. However, without CEXs, it will be difficult for the crypto industry to survive. But I think crypto lovers will surely find some new way to keep it alive.
I think crypto will gain more acceptance in future so no need to think negative.
Although it's true that crypto can survive without centralized exchanges (CEX) and regulation, widespread adoption may be hindered without proper oversight. The lack of regulation could lead to a perception of crypto as a scam among the general public, which could potentially limit its growth. Moreover, investment is crucial for the growth of crypto as it reduces supply and increases demand, driving up the price.I think crypto will gain more acceptance in future so no need to think negative.
Even one step on wrong direction would make them lose tens of millions of dollars in fines, so they have to operate it honestly and as well as it can be.
The decentralized nature of the Blockchain technology means that it can continue to exist and thrive outside of traditional institutions and systems.
it is also possible that regulations may evolve to accommodate the use of crypto and blockchain technology rather than outright rejection.
It is important for the industry to work with regulators to establish guidelines and standards that can facilitate the integration of crypto and blockchain technology into the mainstream economy.
Additionally, while centralized exchanges currently provide the majority of liquidity in the market, there are also decentralized exchanges and other alternative liquidity sources that can provide support. As the industry continues to evolve and mature, it is likely that we will see new innovations emerge to address these challenges.
Overall, while there are certainly risks and challenges associated with the potential rejection of crypto and blockchain technology by major countries, it is important to remember that the industry is still in its early stages and has a lot of room for growth and development
it is also possible that regulations may evolve to accommodate the use of crypto and blockchain technology rather than outright rejection.
It is important for the industry to work with regulators to establish guidelines and standards that can facilitate the integration of crypto and blockchain technology into the mainstream economy.
Additionally, while centralized exchanges currently provide the majority of liquidity in the market, there are also decentralized exchanges and other alternative liquidity sources that can provide support. As the industry continues to evolve and mature, it is likely that we will see new innovations emerge to address these challenges.
Overall, while there are certainly risks and challenges associated with the potential rejection of crypto and blockchain technology by major countries, it is important to remember that the industry is still in its early stages and has a lot of room for growth and development
the situation without CEXs is hard for the crypto community, but if that will happen, definitely, the market will evolve into something people will appreciate also. it is not the case that we don't have choice but maybe, something innovative will come up. i don't think crypto people will just give up to what we have right now.
honestly i'd say these cex are the one that contributes to giving education towards many of the newer users, they are willing to spend money in educating at how investments work etc, in which I think is the reason we could get this far, therefore crypto world without centralized exchange would be drastically different than it is nowadays.
The decentralized nature of the Blockchain technology means that it can continue to exist and thrive outside of traditional institutions and systems.
it is also possible that regulations may evolve to accommodate the use of crypto and blockchain technology rather than outright rejection.
It is important for the industry to work with regulators to establish guidelines and standards that can facilitate the integration of crypto and blockchain technology into the mainstream economy.
Additionally, while centralized exchanges currently provide the majority of liquidity in the market, there are also decentralized exchanges and other alternative liquidity sources that can provide support. As the industry continues to evolve and mature, it is likely that we will see new innovations emerge to address these challenges.
Overall, while there are certainly risks and challenges associated with the potential rejection of crypto and blockchain technology by major countries, it is important to remember that the industry is still in its early stages and has a lot of room for growth and development
it is also possible that regulations may evolve to accommodate the use of crypto and blockchain technology rather than outright rejection.
It is important for the industry to work with regulators to establish guidelines and standards that can facilitate the integration of crypto and blockchain technology into the mainstream economy.
Additionally, while centralized exchanges currently provide the majority of liquidity in the market, there are also decentralized exchanges and other alternative liquidity sources that can provide support. As the industry continues to evolve and mature, it is likely that we will see new innovations emerge to address these challenges.
Overall, while there are certainly risks and challenges associated with the potential rejection of crypto and blockchain technology by major countries, it is important to remember that the industry is still in its early stages and has a lot of room for growth and development
This is not an option because the authorities need the CEX more than us.
It's a great way to keep records on who's doing what, who's got what, and the entire ecosystem in general.
Whether it's related to taxes, fraud, scams, money laundering, terrorist financing, and other reasons, governments have a strong interest in seeing CEX continue to be used extensively.
As long as there are CEX, regulations and laws should not be too unfavorable to cryptos in general. I'm convinced that if 90% of crypto exchanges were made via anonymous P2P, the laws and regulations would be much more intransigent and difficult for crypto users.
Personally, I would love to have a larger share of P2P in the traded volumes of the crypto ecosystem, but it doesn't seem to me to be really possible, most markets are now regulated and P2P is only a very small part of the exchanges. People seems to prefer to use big CEXs than Bisq
It's a great way to keep records on who's doing what, who's got what, and the entire ecosystem in general.
Whether it's related to taxes, fraud, scams, money laundering, terrorist financing, and other reasons, governments have a strong interest in seeing CEX continue to be used extensively.
As long as there are CEX, regulations and laws should not be too unfavorable to cryptos in general. I'm convinced that if 90% of crypto exchanges were made via anonymous P2P, the laws and regulations would be much more intransigent and difficult for crypto users.
Personally, I would love to have a larger share of P2P in the traded volumes of the crypto ecosystem, but it doesn't seem to me to be really possible, most markets are now regulated and P2P is only a very small part of the exchanges. People seems to prefer to use big CEXs than Bisq
You do have a point there, mate. It wouldn't make sense to ban CEXs, especially when they serve as a means for governments to track and trace crypto users. They can easily enforce the rule of law through a centralized exchange, than the Blockchain itself. While Bitcoin and most other cryptocurrencies are transparent by design, there's no direct link between an individual's identity to the transaction itself (unless they do some digging on the Blockchain itself). With CEXs requiring KYC, governments can achieve peace of mind in getting the info thwy want. I think regulations will become stricter over time, but not to a point where they will ban CEXs completely from the "face of the Earth". No one can predict the future, so we can only hope for the best. Just my opinion
If there is no more centralized exchange exist then more decentralized exchanges will pop up and the liquidity will shift as well but the problem towards the complete shifting to decentralized trading platforms will clog the blockchain so the fee will be so high which is somewhat similar to withdrawal fee of an centralized exchange. But the crypto won't disappear that easy since its already a huge market almost a trillion dollar industry if I am not wrong so it can't be taken down like that.
In some countries regulations are very strict and cryptocurrency is banned. But still there people are using crypto because crypto space is anonymous. However, without CEXs, it will be difficult for the crypto industry to survive. But I think crypto lovers will surely find some new way to keep it alive.
I think crypto will gain more acceptance in future so no need to think negative.
Although it's true that crypto can survive without centralized exchanges (CEX) and regulation, widespread adoption may be hindered without proper oversight. The lack of regulation could lead to a perception of crypto as a scam among the general public, which could potentially limit its growth. Moreover, investment is crucial for the growth of crypto as it reduces supply and increases demand, driving up the price. I think crypto will gain more acceptance in future so no need to think negative.
We've seen how exchanges have been "closing up shop" in the US due to strict regulations. What makes you think other countries will tighten regulations especially when they claim crypto can be used to avoid sanctions?
Your input would be greatly appreciated. Thank you very much.
Your input would be greatly appreciated. Thank you very much.
I just believe the market can do without central exchanges and that's because decentralized exchange has been becoming popular recently and this started after the Defi trends started becoming more popular.
The overall volume in the market will drop but decentralized exchanging will gain more attention and developers will start competing with themselves to develop the best decentralized exchange that'll be very convenient to use.
You might think the exile of centralized exchange will be bad for the market but it might be the other way round which is, it might just be what the market needed to build more a decentralized community.
In the current context to bring this up, I really see a lot of things that can happen in the market. It is possible that the market will no longer be viewed positively for reasons of legal barriers, or it will be a truly decentralized environment for the economy when the market exists in a way. independent and not controlled by any other organization.
However, going back to the previous history when CEXs were not popular, how do we view this market, I am sure there are not many people willing to buy and sell them and find out what it is.
However, going back to the previous history when CEXs were not popular, how do we view this market, I am sure there are not many people willing to buy and sell them and find out what it is.
In some countries regulations are very strict and cryptocurrency is banned. But still there people are using crypto because crypto space is anonymous. However, without CEXs, it will be difficult for the crypto industry to survive. But I think crypto lovers will surely find some new way to keep it alive.
I think crypto will gain more acceptance in future so no need to think negative.
I think crypto will gain more acceptance in future so no need to think negative.
If major countries around the world decide to reject crypto/Blockchain tech sometime in the future, there's a high probability CEXs (centralized exchanges) will cease to exist. They will shut down their operations as crypto is declared "illegal" for mainstream use. Without an on/off ramp to/from the Fiat and crypto worlds, I wonder how would the industry survive?
Will a world without CEXs mark the end of crypto? I know crypto is decentralized, but the truth is that CEXs provide most of the liquidity of the market. DEXs are "second-hand" options that have their own set of issues. Either mainstream adoption for crypto/Blockchain tech starts to decline, or all the other way around. We've seen how exchanges have been "closing up shop" in the US due to strict regulations. What makes you think other countries will tighten regulations especially when they claim crypto can be used to avoid sanctions?
Your input would be greatly appreciated. Thank you very much.
Will a world without CEXs mark the end of crypto? I know crypto is decentralized, but the truth is that CEXs provide most of the liquidity of the market. DEXs are "second-hand" options that have their own set of issues. Either mainstream adoption for crypto/Blockchain tech starts to decline, or all the other way around. We've seen how exchanges have been "closing up shop" in the US due to strict regulations. What makes you think other countries will tighten regulations especially when they claim crypto can be used to avoid sanctions?
Your input would be greatly appreciated. Thank you very much.
This is not an option because the authorities need the CEX more than us.
It's a great way to keep records on who's doing what, who's got what, and the entire ecosystem in general.
Whether it's related to taxes, fraud, scams, money laundering, terrorist financing, and other reasons, governments have a strong interest in seeing CEX continue to be used extensively.
As long as there are CEX, regulations and laws should not be too unfavorable to cryptos in general. I'm convinced that if 90% of crypto exchanges were made via anonymous P2P, the laws and regulations would be much more intransigent and difficult for crypto users.
Personally, I would love to have a larger share of P2P in the traded volumes of the crypto ecosystem, but it doesn't seem to me to be really possible, most markets are now regulated and P2P is only a very small part of the exchanges. People seems to prefer to use big CEXs than Bisq
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