Crypto BD: How to deal with exchanges?

in steemit •  4 years ago  (edited)

1:33am (New York)

A lot of people probably think that Binance owes Hive a favor for all the ruckus it caused with the Justin Sun sock puppet witness vote but more likely CZ and Binance are mildly annoyed at and maybe even a little bit scared of the Hive community as a result of the swift backlash they received on Twitter for the unpopular move to support Justin Sun.

Binance deals with at least 100 projects directly and likely thousands of others are trying to knock down their doors to get attention. They have the capacity to run due diligence on and list 10 to 20 projects each year per CZ in a recent talk he gave. Steem (and hopefully Hive soon) accounts for far less than 1% of Binance's overall net revenue. Far far less. Binance must be wooed and charmed with the loving embrace of this vibrant community.

Do you think Binance owes Hive a favor?

@birdinc

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Hi @birdinc

A difficult answer, however I think that he owes him nothing.

My grandfather once told me.

Money is nobody's friend. But everyone wants to be friends, of money

CZ He knows that this movement went wrong because of the reaction the community took, but he himself commented that it does not represent 1% of net income.
It means that he will only chase and be friends with money where there is more money. it's that simple.


One question, do you plan to stay at Steemit? Or are you moving to Hive?

  ·  4 years ago Reveal Comment

Binance owes H nothing in my opinion.

After seeing how the H supporters behaved on social media I would think CZ is far from wooed and charmed, quite the opposite.