It is worth wondering if they will ever come close to replacing centralized services perfectly. It's also worth asking if most modern crypto users need this replacement and move away from centralization? It seems to me that in the crypto world decentralization will always not be a popular topic, rather a certain underground and a place for a special category of users, which will always be a minority. The majority will never trade CEX for anything else.
That's certainly true, mate. Only a small number of people (mainly geeks, libertarians, and tech enthusiasts) will embrace DEXs. The rest will simply carry on as usual with CEXs as their main platforms for crypto trading. It's all a matter of convenience. Just because a big CEX collapsed, doesn't mean it's "game over" for other exchanges. They will eventually become bigger and stronger than ever as long as they have the backing of mainstream governments. DEXs won't go away either, thanks to the way they're designed. I expect them to become a "force to reckon with" in the future as developers roll out network upgrades aimed to improve scalability.
What will happen with CEXs is that they will relocate to countries with a friendly environment towards crypto/Blockchain tech. The US has been "hostile" against CEXs lately, so it should only be a matter of time before they all move to another country. Just my thoughts
