RE: ARE YOU WORRIED about the potential collapse of BINANCE?

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ARE YOU WORRIED about the potential collapse of BINANCE?

in hive-175254 •  2 years ago 

Greetings my friend, good point you bring to the table.

One day I was discussing about the excessive tension in the crypto world and Binance in general.

I personally believe that before Binance falls we will see the exchanges below it fall in the list of the most prestigious ones.

From my point of view the FUD attacks that are developing, are well coordinated because the blockchain and especially Bitcoin, represents a problem for large governments, so they only have two ways to go:

  1. Eliminate the problem, and we already know that for BTC to disappear the Internet must disappear and that at this time is practically impossible.

  2. Buy the problem: so that large corporations or governments must knock down the price in order to buy BTC at a better price.

Unfortunately, exchanges like FTX have been put on a silver platter to be destroyed and I consider that Binance is much more robust and with more time in this aspect, so I consider the disappearance of the largest exchange in the world is far away.

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Thank you for this amazing comment @madridbg