Centralised crypto exchanges ‘should burn in hell’ – Buterin
Centralised crypto exchanges that charge millions for listing a new token should “burn in hell”, says Ethereum creator Vitalik Buterin.
He claims centralised exchanges exist as a door to the world of fiat currencies – “And the fiat world only has centralized gateways,” he said.
“I definitely hope centralized exchanges go burn in hell as much as possible,” Buterin told Techcrunch in an interview.
He said listing fees of $10m to $15m for a new token were completely unjustified.
Buterin added that crypto-to-crypto exchanges, while in their early days, offered a clear advantage to users.