The Wrong Kind of Demand

There is a conversation that comes back every few months, and this week it came back again. Someone puts up a poll, or a thread, and the question underneath it is always the same: should we be trying to get BSV listed on the big exchanges again? The people who say yes are not fools. Their argument is simple and sounds like common sense. A listing lowers the barrier to entry. More people can buy the coin. More people with the coin means more people using the apps. What is there to object to?

I object to it, and I have been trying to put into words exactly why, because "I don't like exchanges" is a mood and not a reason. This is my attempt at the reason.