- exchanges that don't give a fuck and are not even hiding blatant wash trading, tape painting and spoofing.
- pump and dump groups with thousands of members on telegram dedicated to inflate the value of the coins of their choice and then dump their bags on poor bag holders who fund their gains before they run the thing to the ground.
- hackers who hack websites, wallets, exchanges, smart contracts
- scammers of all kind
- exchanges that will randomly confiscate your money and then you wait for months for customer support response, criminals
- 99% of icos are blatant cash grabs with no useful product or working prototype whatsoever and they are going to fail.
- miners that waste incredible amount of energy to mine mostly worthless funbux, ruin gpu market and occasionally enjoy cheap, even subsidized electricity while providing pitiful amount of new jobs.
- Crypto investors (speculators) who heavily shill their coins and fight with each other like a bunch of retarded children over whose funbuck is the god and which is worthless trash.
- "captains of the industry" who think they're next Edisons or Nikola Tesla while in fact they're making overpriced pogo sticks at best.
So as you say all 3rd person and companies useless in this market. Because Bitcoin's idea established on P2P transaction. The entire system was based on mutual trust and without intermediaries.
But "we" have changed it, not what it should be, but what we want it to be. I think it's time to turn to P2P payment systems, non-intrusive networks. The actual value of the market is not measured by $, it will come and benefit to mankind! But we may not have fully understood this.
I think we need two things for the beginning of all this. The first is the free market conditions and hence free entry to the market. Completely anonymous way! The second is the continuation of this process as decentralized and the DEXs. I think we need DEXs. So the crypto trade will be better!
