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[AudraMiller]

When it comes to the centralized platforms that have been around for a very long time, there are many of them that are actually facing some concerns and the number one concern for these places is the fact that they have liquidity problems. However there are some analysts and businesses that are under the impression that the best way to solve the liquidity issues of a centralized exchange lies in the decentralized technology that we are seeing now. To be honest, this makes sense to me as decentralized platforms are generally able to gain more profits as people try to obtain financial independence that is not affected by inflation. What do you think is the reason why decentralized platforms are the key to solving these problems?

 

[GoldenLady]

Whales manipulation is well known in this market. Why most people may not regard it as centralization though is that the whales rarely act like this.

They also do not make policies and decisions that's against that of other players
Basically, the only thing they really can manipulate is price changes.

 

[Wisdom01]

financial independence is what I love , the only negative effect of the decentralized platform is that it could breed in scams ,since its not regulated ,the people could find it so easy to carry out scams the way they want ,that's the only negative part I know ,but there are other good advantage of decentralized platform

 

[Mariappa45]

If cryptocurrency go centralized it will be valueless indeed, the decentralized system of operation of the coins makes it loved by users who prefer to remain anonymous online without sharing their profile online. I love being anonymous but not completely anonymous. I love as cryptocurrencies aren't regulated like the way fiat currencies are checkmated by the banks.