RE: Are We Still Pretending the Crypto World Is Decentralized?

I was a crypto skeptic (still am for the most part) before Steem(it) caught my eye on Youtube during the bull run. Once i joined Steem, I quickly became interested in buying Steem so I could not only increase my stake/growth, but rent stake so I could help those in my circle grow. I was excited as I saw the Amway circles without the buying overinflated products to help your group/peers. I was quickly disturbed by the many complaints on exchanges (Coinbase at first) about them letting you buy in but not letting you withdraw. Or worse, closing your account and giving a runaround or ignoring your tickets.

Nothing has changed from those days from what I can tell, and I do believe that I lost my coins on Binance. Lesson learned.

If there is ever going to be a decentralization, there will need to be a few things put into place.

1- Projects must grow some balls and allow direct buy in of their tokens.

2- There must be a new method for valuation that bypasses the authority of the exchanges. Who really knows how much wash trading goes on at these exchanges? I imagine if the real demand were known much of the controversy would be greatly deflated. I believe Steem was a great example of this. No way am I buying it didn't have a greater demand than many of the shit projects ahead of it. People pay to socialize and game online. Fakebook sells a shitload of their in-house game tokens for real cash every single day.

3- There needs to be a hybrid exchange that allows people to trade coins (or sell them for real cash) that bypasses those like BZ and Binance. That's another thing that can be coin specific addressed by each project for their token holder looking to sell, matching them up with those who want to buy in using methods like Paypal, Stripe etc. I now during my time at Steem I probably would have bought more had a system like this been set up by someone willing to put such a market in place.