Dude, I'm scared exchanges will have a lot more power than miners as time goes by. I don't think exchanges were foreseen in the original decentralization plan. But I try to keep my money away from them. Fees hurt and yes, who will stop them from freezing your ass off?
I hold this general sentiment regarding exchanges myself. They end up ultimately holding a lot more power than miners (in my opinion) - controlling liquidity and general accessibility can go a long way in achieving XYZ goals, nefarious or otherwise.
Just wait for tau lol
Logical response