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RE: The truth behind Decentralized Exchanges and the ongoing fight against Mass Surveillance

in #cryptocurrency6 years ago (edited)

I really love to check out decentralised exchanges for I heard your cryptos stored there are safer because you have control over your private keys. But, I am not comfortable with privacy coins that are untraceble coz they may create dark web like silk route. Also, looks like public are stupid, we are eyeing stuff like crypto custody services where Organisatons own and manage your crypto holding for you. I think majority of the public like banks and some centralisation atleast to know who sent cryptos to who, because crypto privacy should not be used for wrong purposes. In general I believe public does not care and not ready to accept the power of financial privacy, but its just my opinion, they just want convinience, low fees, security of financial assets, that's why even crypto unfriendly countries like India accept XRP, that's very centralised coz its traceable .

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Thank you for your comment @mintymile

It's great to see how responsive and supportive you are. Steemit needs more people like you.

Yours
Piotr