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RE: Calling on Steemit Inc and Witnesses to Fix This Major Problem!

in #steemit6 years ago

A pretty good example, what a terrible EVIL are those centralized exchanges. The sooner they disappear - the better for the crypto world.

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The problem with decentralized exchanges is the incredibly slow speed at which they can operate and the insanely low volume. Centralized exchanges can be good if they are operated properly.

One way to deal with exchanges that ignore STEEM is just to create an exchange where STEEM is the central trading pair. Check out one of my old posts that explains why it would be good for STEEM https://steemit.com/steemit/@socky/steemit-inc-must-build-an-exchange

Totally agree with your idea, because steem transactions are so fast,and in the exchanges everything goes different, with STEEM and SBD as central trading this would change EVERYTHING, I'm in love of that idea, spread it out, maybe someone like it and came up with it