@CZ “DEX listing all tokens is good. CEX listing all tokens is bad?”
Access to markets should be open — but responsibility matters.
DEXs are permissionless by design. Anyone can deploy a token, and users choose whether to interact. Risk is transparent and self-managed.
CEXs, however, operate as custodians. Listings imply a level of due diligence, liquidity support, and investor protection. Listing everything would blur trust, increase scam exposure, and damage market integrity.
The ideal system isn’t restriction vs freedom — it’s choice with clarity.
• DEXs → open access, user responsibility
• CEXs → curated access, platform accountability
Both play critical but different roles in crypto’s evolution.
Markets don’t need fewer options.
They need better structure, transparency, and education.