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A comment on We will not pursue the potential acquisition of FTX.

Re:We will not pursue the potential acquisition of FTX by MihaiSandor on Thursday November 10, 2022 @01:01AM (#33542848)
It sounds like this Web3 space is not decentralized at all. With those 4-5 crypto exchanges we cannot talk about bulding real businesses on those technologies, we are super early.
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Re:We will not pursue the potential acquisition of FTX by randomsearch on Thursday November 10, 2022 @03:25AM (#33543714)
Super early, or... such systems tend to centralisation.

There are very few successfully distributed systems I can think of. Bittorrent is on. I guess we could argue some markets in the economic sense are distributed. But in reality even both of those are part-centralised.

Just turns out centralisation is usually more efficient and more convenient.

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