I love seeing all these cexs getting their dirty hands off xmr. They really think they can hurt privacy and people who care about privacy, p2p and dedentralisation. Little do they know it only feeds it to grow stronger. Good luck, losers!

Higher friction creates stronger motivation to build decentralized P2P infrastructure (instead of comfortably relying on existing institutions) which is a clear long-term win. "Liquidity, accessibility, and distribution" of CEXs are nice short-term benefits, but they come at the cost of dependence. I just don't believe states and the status quo will surrender power without a fight. "Like an angry farmer, the state will no doubt take desperate measures at first to tether and hobble its escaping herd. It will employ covert and even violent means to restrict access to liberating technologies."

💯 The more p2p is encouraged, the stronger. Centralization is a curse and NGU ppl are mirages. Crypto is not about these centralized authorities. It's about replacing these authorities and diffusing power for all. It is an absolute must to break this dependence. Otherwise what's the point of it all if power gets centralized once again? Private power centralized, or public power centralized = both are corruptable and corrupting forces.

#P2P #DEX View quoted note →