Comment by charcircuit
Comment by charcircuit 14 hours ago
>In theory, but it doesn’t in practice.
In practice neither exchanges or Tether have made any attempts at refusing to allow payments to legal businesses as far as I'm aware. So in practice it does.
Whether they abuse their power is completely orthogonal to centralization. It’s also false. Just look at the amount of customer complaints in the Coinbase subreddit where they’ve blocked legitimate customer access.