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RE: Atomic Swaps – They're Coming, And They're Huge...But For Whom?
Not only that, it's also a source of unnecessary additional fees. Exchanges are mostly non-producing middle-men, only necessary for trust reasons. (They can also be liquidity providers, but generally speaking.)
"only necessary for trust reasons" exactly, and the blockchain allows for trustless transactions. I feel that they will only exist in the infancy of decentralization.
For sure. They are only around as a legacy tech from our previous days of "dumb" financial markets.