Freiexchange I’ve watched for a while, probably traded there in the past. It’s a good exchange, useful, well made like freebitcoins, etc. But it’s purpose is to unload or create liquidity for bags.
Your assessment of purpose is off the mark. Fedde was quite explicit about his original motivation, that of providing an exchange for the otherwise-untradable Freicoin - hence the name of the exchange. Since then he has been variously amenable to other altcoins in a similar position regards lack of listing and was kind enough to respond positively to my pleas to add (firstly) SLM and (secondly) DTC.There seems to be something of a contradiction in your argument - "the financial part is a function of its success" yet "it’s purpose is to unload or create liquidity for bags". Isn't this how it inevitably works?
What's missing here is a practically useful definition of the distinction between "ethically created useful coins" and "a lot of shitcoins" and not just personal opinion.
Establishing and operating a cryptocurrency exchange is exactly that - "operating". It obviously does not necessarily require the owner/operator to possess technical skills, merely the ability to commission others to deploy them.
BTW, your notions about AI and its possible role in cryptocurrency are rather fanciful, I'm sorry to have to tell you.
Cheers
Graham
