Cryptocurrency exchanges are not the same thing as cryptocurrencies. And not all exchanges are created equal.
Yes it is the wild west out there and consumers have gotten hurt. It is unfortunate. But crypto does serve a real and needed function of decentralized digital cash. I'm optimistic we'll have good regulated exchanges someday.
PayPal isn’t the same thing as fiat currencies either — it’s more analogous to an exchange. And since we are already talking about PayPal and crypto currencies, crypto exchanges should be in the scope of the conversation as well
Yes it is the wild west out there and consumers have gotten hurt. It is unfortunate. But crypto does serve a real and needed function of decentralized digital cash. I'm optimistic we'll have good regulated exchanges someday.
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