people stupidity is endless and bitfinex keep using it. i really hope they go insolvent and stop operating really soon and government (ironic or not) to start regulating and jailing people who run exchange and stable coins that operate so shady like them.
Bitfinex is already insolvent for the most part. They are going to issue a token to raise $1 billion to fill up their gap. As reward, people will get their arse tickled again at a later point. It's so frustrating to see how stupid people can be. If Tether and Bitfinex manage to recover from this, what will be able to get them down? They then survived the worst of the wost, lol.
hopefully, dexes can get better really soon so lots of people will use them (and no, binance dex doesn't count imo).
I was quite excited about dexes in the past, but no longer am. It's just not viable to expect them catch up on cexes to such degree, that people will shift. People won't even shift if dexes are almost as good as cexes. Dexes must be exponentially better to make people shift.
And yeah, Binance dex is a joke. CZ is a champion in marketing his products in the best possible way.