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0 sats \ 2 replies \ @mallardshead 19 Feb 2023
Binance according to some people I've talked to made more money with BUSD than the entire rest of their spot trading. It's impossible to replace that without a raging bull market, and unfettered access to DeFi without regulations. This company is fucking toast. They'll separate from the .US, .UK, etc, and become a rogue "international" exchange levering a colonizer's playbook on the 3rd world. Think Le Chiffre from Casino Royale. Basically, the only way they survive is if China backs a stablecoin with their yuan and real-estate debt. Even then. Fuck Binance. CZ is a terrible spokesperson for "crypto", but cults of personality are all the rage.
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0 sats \ 0 replies \ @01xCc 19 Feb 2023
CZ сделает немыслемое... отменить $ на бирже и все.
цена станет выше и это будет выгодно продать там за юань чем купить за доллар... они молодци... фонда не может такое предложить из-за своей центролизации.)))
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0 sats \ 0 replies \ @DarthCoin 19 Feb 2023
https://i.postimg.cc/HLZZHyGf/darth-stablecoins-change-my-mind.jpg
The whole idea of stablecoins started with Bitfinex the so called "hack" that never existed. It was a fucking scam to fool all their users back then, years ago.
That's how Tether became famous.
Watch this: https://youtu.be/5KXHgh2rTTw
Anything that is built around stablecoins it will go to the trash bin soon.
Anybody that supports any stablecoin is a fucking enemy of Bitcoin.
Stablecoins are actually fiat money in disguise, aka SHITCOINS.
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