Agreed. It seems like a trusted third party exchange will always win out due to:
1. Better efficiency
2. The third party is there to help when things go wrong
3. The legal system can help when 2 won't work
4. It's more accessible to the less tech-literate
5. The third party always has skin in the game, and therefore an incentive to always be improving the system
1. Better efficiency 2. The third party is there to help when things go wrong 3. The legal system can help when 2 won't work 4. It's more accessible to the less tech-literate 5. The third party always has skin in the game, and therefore an incentive to always be improving the system