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by rainsil
1553 days ago
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There's an inherent trade-off between decentralisation and computing price+performance, so it's likely that centralised exchanges will continue to be cheaper and faster for higher-frequency activities such as day trading, transaction processing, etc. Their utility for speculation decreases with harsher KYC/AML/accredited investor regulation, so it doesn't make sense for them to support that. |
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Only if the action doesn't move to defi; if it does, the main advantage of centralized exchanges (being able to double as market makers) vanishes.
> Their utility for speculation decreases with harsher KYC/AML/accredited investor regulation, so it doesn't make sense for them to support that.
Notice how I only cited the first one (one time costs per customer) and not the other 2 :)