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).
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