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Almost like people just kneejerk react to a bad word but don't understand why they kneejerk.

Sure there are some subteties to a centralized server vs. a distributed ledger, but the core goal is the same: companies want to be a platform owner, allow for generation of some speculative assets for users to trade, and take their cut as a middleman. To my knowledge, it's the middle factor that many have issue with.



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