Any exchange with a centralized shitcoin is running a ponzi Binance included, don’t forget that
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Jus saying, CZ is no saint, BNB is a dog shit coin with idk what % with him that “doesn’t tank with the market” coz apparently according to him they “build” whatever the fuck that means.
While FTX is responsible for their own mess, lets not act as if it was done in any good faith by CZ.
If given the time “perhaps” asshole sam would have raised a round or two and perhaps no one needed to lose money, they were about to raise funds i think when “CZ out of his goodness of heart became transparent”.
And now he is calling all exchanges out speculating insolvency, but lets take a look at BNB and why it has the Mcap it does despite market, macro conditions or even when its hacked for 500M+. Nothing seems to faze it, why?
You have to be naive to think that is anything but organic, binance is manipulative and just as bad if not worse than FTX, crypto.com etc, withdraw and keep your coins in your wallets. No one is too big to fall imo.
Edit : All i am saying is jus like how solana was artificially pumped by Alameda and probably caused them to loose shit ton of money to keep the price stable while the chain was having all kinds of issues, BNB is always stable and over valued despite market conditions or even when its hacked for 500M+, don’t think anyone is too big to fall, don’t trust Binance, they might have a hole jus as big in the future and things can go like FTX anyday.
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