The delisting of Monero on CEX is a blessing in disguise and has plenty of real world upsides

The delisting of Monero on CEX is a blessing in disguise and has plenty of real world upsides

  • Less fiat gamblers and speculators, more real users
  • No more regulatory uncertainty
  • During a split miners are in control and not CEX nodes defining the tickers
  • No more EAE attacks based on KYC
  • Less KYC data for chainanalysis AIs
  • Better privacy guarantees for all participants
  • More (only) self-custodial wallets
  • No more fractional reserving
  • No (naked)shorting
  • No trading against customers

At the downside of a temporary liquidity hit as there are already decentralized replacements like Haveno and soon Serai. And less accessibility for non technical people, and fiat companies (accepting Monero as a front but exchanging for fiat right away).

submitted by /u/gr8ful4 to r/btc
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Quelle: bitcoin-en