Why FTX And Binance Buying Everything Is Not A Threat To Decentralization
FTX and Binance are on a buying spree. The bear offered up some deals and these companies are taking advantage.
In this vidoe I dscuss how this "centralization" is not a threat to decentralization. In fact, this is dealing with the part of the industry that is going to get attacked by decentralized innovation.
always the largest wants to take advantage of all the offers to try to take over almost everything and have a monopoly again, but it will be complicated since Cryptocurrencies are 100% decentralized
Not every cryptocurrency is decentralized. There are centralized cryptocurrencies. For example XRP, NEO and EOS. And this article says that "Most Cryptocurrencies are actually Centralized". And from certain aspects, it is right.
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No matter how big these companies grow, they can get be easily targetted by the government and the bigger they get, the bigger a target they will be.
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