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Crypto Discussion / Re: Blockchain.com blocked cryptocurrency withdrawal, DEX vs. centralization!
« on: October 10, 2022, 06:12:10 PM »
That's why I use a non-costodial wallet to store crypto assets and use the AMM/DeFi platform to trade.
Crypto has started to be regulated by the government who wants to take a lot of advantage from some of the existing situations, I think the political element must be removed in crypto, because the government is trying to regulate crypto so that users are subject to every rule.
PS: Crypto is created for fast and transparent transactions, without any 3rd party and I think if the crypto platform suspends withdrawals like the story above, then the platform is subject to the government and ignores the real purpose of crypto which is decentralized
Crypto has started to be regulated by the government who wants to take a lot of advantage from some of the existing situations, I think the political element must be removed in crypto, because the government is trying to regulate crypto so that users are subject to every rule.
PS: Crypto is created for fast and transparent transactions, without any 3rd party and I think if the crypto platform suspends withdrawals like the story above, then the platform is subject to the government and ignores the real purpose of crypto which is decentralized