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RE: Kraken And The Hive Financial Network

in LeoFinance2 years ago

I have pleasent experience with Kraken and have nothing against having certain exposure with centralised entitites or mainstream as long as those are not tyranical in nature and practice.

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I'd like to know more about this pleasant experience with them you speak of.

I think central bodies defeat the aim of crypto...I wonder how all this will play out, the odds are against them though. Very few major players in the traditional financial world like crypto.

Pleasent means, having no problems during many years of use. Hard for me to look at Kraken as part of traditional financial world. Traditional does not like crypto in totality, including centralized exchanges such are Kraken or Binance or most others. I think there is place for everyone as long as we are talking about being free to function and develop in all directions and we are talking about genuine businesses that ought to compete on the free market. Mass adoption? hard to see happening without certain role for centralized entities. Hive is an avant-garde. Just like in music, I see no problem in having mainstream Pop Music with their venues as long as we have freedom to develop our own indie scene as well.

In other words, those from the mainstream who do not like competition, who cannot stand the existence of the alternatives are anti free market. Anti freedom. On the other hand, for example in El Salvador we have mainstream that is trying to support free market made of free people and their enterprises.

Some exposure can be helpful. We need some bigger fish standing between us and the regualtors.

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