It is crazy to think that stock exchanges will just close their exchange whenever they feel like they want to, happened lately where UAE stock exchange closed for couple days to mitigate huge drop, I get it but thats not really a freedom of a market, and I am so glad that we currently can trade onchain stocks 24/7 without closure on weekends trough hyperliquid and perpmate or other simmilar perpetual dexes.
Is good you mentioned that the stock market closer is to prevent the market from total crash which is a right of the stock market as stipulated in their terms of services to you as a user of the market, this role exists whereas it doesn't exist in the cryptocurrency market, you may be right to call it freedom but yes with it price.
I feel like people who are still in TradFi are just afraid of a change, or I am thinking about it all wrong are there any better implications to use tradfi stock exchange compared to onchain one?
Not like that, is not as if those trading stock market are afraid of change, but their have their reasons for reasoning like safety is key to investment and for that reason, they may decide to own something tangible like owning a share in Apple or Elon musk company (Tesla) this can give them some level of confidence in their investment instead risking that capital on cryptocurrency where they may not have any tangible physical representation of the investment.