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RE: Steemit Crypto Academy Contest / S6W2- Centralized Cryptocurrency Exchange Platforms and Its Risks
Dear @josevas217,
Your post is very much informative for me because I found many new points there in your post.
It is the voice of decentralization, which is its starting point, if we are observant, some exchanges failed, just like a bank went bankrupt, but not the system itself, not decentralization.
This part of the post really sounds very good. Although, the incident of the bankruptcy of the FTX exchange is an hilarious thing in the cryptocurrency space but the benefits of the cryptocurrencies can never be ignored.
There arr many such benefits that can overcome this loss in the market and I strongly believe that the market will surely recover very soon.
I wish many success for you in this week of the contest.
Yes, it is not good to show only the bad, even if for social media that is what sells the most. The point is that cryptocurrencies have brought many benefits and that is undeniable.
Thank you