I haven’t seen “crypto twitter” talking much about the protests or police brutality. This is genuinely surprising, given that one of the oft-cited tenets of the technology is resisting state violence and censorship!
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Silence & inaction sometimes speak a lot about ppl.
CT thought leaders (ranging from , , ), sadly as expected, have shown themselves to be no different from the swamp they have created.
These ppl are not going bank the unbanked. Its all a facade.
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You got it flipped. Our job isn't to perpetuate the failures of banking, to bring more people in to a failed system. Our job is to build the bridge for those stuck in the legacy system to get out and join the rest of the world on a decentralized platform that serves everyone.
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"decentralized platform that serves everyone" => Irony of a centralized exchange like using it in it's talking points.
Leaving that aside:
Unless u provide off-ramp/on-ramp w/o KYC in underdeveloped parts of the world, ur exchange is doing zilch of whatever u r saying.
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We don't have to serve every person in the world. We serve loads of local brokers who can better handle their local markets. It's not just about KYC -- it's also about availability of funding rails, cost of making transfers, how value is stored and transferred locally.
Hopefully your team will talk more about "availability of funding rails".
For rest of the stuff "cost of making transfers, how value is stored and transferred locally.", doesn't blockchain take care of it rather than needing a centralized exchange?
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Sure, but that gets back to the point of getting people on to the blockchain, off of whatever they're on. If all your value is locked up in a Yap stone, you're going to have to buy your bitcoin from a local broker. Kraken doesn't support Yap stone deposits.
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