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RE: EOSFinex - "The World's First High Performance Decentralized Exchange"

in #eos8 years ago

@syakiran.balya So... in short, you never read the post, lol.

My response to the post: I agree that you need a big name which already has a lot of trading volume for something to really take off quickly, however I do have concerns about Bitfinex, a currently centralized exchange wanting to build a decentralized exchange. Not to mention the funny business going on with them and audits and Tether, etc. I believe that backing a centralized exchange to create a decentralized exchange is a little like backing a government-issued cryptocurrency. You've gave your power back to the very people we wanted to take it away from!

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I am curious how you have a rep of (1) when the minimum Steemit account starts with (15)?

Actually, unless it changed, it starts with 25.

I fully agree with your concerns. Tether makes me nervous.