“But ramping!!! It’s much harder on DeFi!!!”
Okay then don’t act surprised when all you find out some crypto exchange founder is gambling with your funds.
You DONT own any of the coins you paid for on a centralized exchange. It’s practically nothing more than an IOU
People are buying BTC as a hedge against government inflation, on a government compliant platform. How do people still not see the irony in this?
Why has DeFi taken a backseat to CeFi in the current meta of crypto?
“The gas fees!!!”
DeFi is no longer expensive with all sorts of L2s available. Stop pushing this narrative
Literally almost every single dApp I use is on PolygonAAVE, Uniswap, Curve, 1inch, Opensea, Gains Network. Almost any dApp you can ask for at this point...
And if Polygon isn’t your cup of tea, other L2s have a bunch of dApps with similar features as well and they’re also pretty fast and cheapSo why is this “DeFi expensive” narrative still a thing?
I’m not writing this to spite or make fun of anyone. I’m writing this to boost awareness amongst people who own cryptos on centralized exchanges.
Those coins aren’t yours and never will be unless you bridge them over to an actual decentralized platform.
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