Comment by landemva

3 years ago

It's like a centralized exchange in which funds can be seized, censored, and the participating brokers are licensed. Nothing like bitcoin.

It's also not like bitcoin because the exchange doesn't own dollars deposited at them and isn't run by a guy living in Dubai who's going to steal all of it.

this is an odd consensus because you just described how all bitcoin exchanges in the US operate.

they are centralized in which funds can be seized, censored, and they all have money services licenses just like their corresponding banks do.

right, not like bitcoin, like bitcoin exchanges, just like the person said and you somehow ignored.

far more similarities than differences for this comment and the other comments at your level to be focusing on the differences and confused about the existence of similarities.