Trading is addictive. Like all forms of gambling, it lights our reward centers up.
On decentralized exchanges, you pay each time you trade (gas fees and such). That cuts right through the endorphin rush.
Centralized exchanges keep those fees low by making everything centralized. It's akin to casinos keeping their guests comfortable and liquored up.
As a person who works in crypto, I'd like to see us engage with this more forthrightly. When we cut out gambling, how many use cases are left? How many are viable today?
On decentralized exchanges, you pay each time you trade (gas fees and such). That cuts right through the endorphin rush.
Centralized exchanges keep those fees low by making everything centralized. It's akin to casinos keeping their guests comfortable and liquored up.
As a person who works in crypto, I'd like to see us engage with this more forthrightly. When we cut out gambling, how many use cases are left? How many are viable today?