Re:Web3 is centralized and inefficient
by cuteboy19 on Wednesday March 23, 2022 @01:47AM
(#30775382)
You would need to deal with 2 middlemen: exchange A and exchange B. And exchanges are worse than banks in every way
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Re:Web3 is centralized and inefficient
by valcron1000 on Wednesday March 23, 2022 @02:32PM
(#30781695)
Not at all. I buy crypto through P2P, and I decide with whom.
Re:Web3 is centralized and inefficient
by cuteboy19 on Wednesday March 23, 2022 @04:35PM
(#30782988)
This is not the experience of the vast majority of crypto owners right? How can it be a defense of anything if only very few people even use it like that.
Also, you haven't solved the question of middlemen. Now instead of mostly trustworthy Binance you would have to deal with the guy in the dark alley who pinky promises not to run away with your cash.
Re:Web3 is centralized and inefficient
by valcron1000 on Wednesday March 23, 2022 @09:55PM
(#30785677)
Not in Argentina. The P2P market is big enough that you don't need to worry about finding buyers/sellers. Also, "dark alley", here? Not even close. We've been doing this for several years now (used to be only USD), it's a well oiled machine.