Re:What in the Ethereum application ecosystem excites me
by halpmeh on Wednesday December 07, 2022 @01:48PM
(#33898426)
I'm still not understanding the correlation between a centralized exchange and perpetuating a scam. Tether doesn't rely on a centralized exchange. If an entity, centralized exchange or otherwise, is willing to pay off the entire market to perpetuate a scam, then yes, DEXs will be impacted. That doesn't seem related to whether or not an exchange is centralized.
Agreed.
The point is --- any market manipulation will affect DEX the same as CEX. People often erroneously point to DEX as a way to avoid CEX influence and control. It's not.