Comment by bluelightning2k

The main proposition of crypto (aside from speculation because "graph goes up") is that you don't need a centralized exchange.

Then all these centralized exchanges popped up to make it easier.

Whenever I see these types of announcement I have two reactions:

a) I cheer, because the sooner the pyramid collapses the less the damage.

b) I'm sad because these are real people losing real jobs