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3# People get into crypto to cut the middleman and have freedom and control over crypto. You don’t need to trust anyone; code is the law. Centralized entities have been playing their game well in crypto so far until this bear market hits them hard and shows their real pictures. Now we see many centralized entities are in trouble since they are connected directly or indirectly. The collapse of FTX shakes their financial stability. They find it hard to keep the balance and convince other people that they are safe and secure.

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