no it doesn't. just keep your assets on chain (in a ledger or not) and you will have full decentralization. leaving them on a cex exposes you to guess what... centralization, because a cex is an entity.
also, i'm tired of the decentralization bs... i don't think satoshi would have wanted bitcoin to finance terrorism, i also don't think he'd be a big fan of scammers and criminals using tornado cash to launder money.
i personally lost $1.5m last year after getting my wallet drained by scammers... trust me, fuck decentralization. fuck tornado cash, fuck thieves and fuck everyone who lets them do whatever they want in the name of... decentralization. i wish some central entity had stopped those fuckers, binance, circle, or the ethereum foundation. anyone.
this is the stupidest take ever, almost as stupid as people saying code is law and using that as an excuse for all kinds of hacks/exploits/rugs. law is law.
security of crypto? lol you do realise that if tomorrow your country decides to ban crypto, there's absolutely nothing you will be able to do against it? if they wanna tax you 80% on your crypto income, nothing you can do. if they wanna ban all access to fiat withdrawals for you, nothing you can do.
"oh my god, i'm not free anymore"
when were you ever free?