CEX users often misunderstand:
Bitcoin held there is actually an IOU
Trades there are just entries in a database
Keys are merely promises, not ownership
CEX users often misunderstand:
Bitcoin held there is actually an IOU
Trades there are just entries in a database
Keys are merely promises, not ownership
Using decentralized exchanges provides real Bitcoin, genuine trades, and true ownership.
Why is this concept difficult to grasp?
#BetterThanCEX