Centralized exchanges - harmful or beneficial?

When one hears the word cryptocurrency exchange, Coinbase is often the first exchange that comes to mind. The usability and user-friendliness of these centralized exchanges have far exceeded that of decentralized exchanges, until now. Leading many to risk their assets in exchange (pun intended) for convenience. Time and time again this has shown to be detrimental decision.

But when will we learn?

The answer lies within the innovation adoption lifecycle.