Binance getting taken out hurt and not help the fundamentals for crypto?
American exchanges prolly the safest bet. Of course, shit hole feds were proxy for FTX but at least that came unglued and SBF will get his ass pounded in prison. And certain fed officials will be/have been exposed I assume
In the long run i dont think it will hurt, it will clean up the wild west, but short term emotional traders will make it a rollercoaster
Hopefully defi eventually gets easy and cheap enough to Take. Over. Everything. The sooner that happens, the sooner the big exchanges will become less relevant and crypto can start doing what it was made to do. And I'm hoping that happens in my lifetime.
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