I'm no anti-Binancian or anything, as a matter of fact when I first returned to crypto I also opened a BINANCE account after noticing I was missing out on a lot of decent cryptos which left me with the option to either create a dozen separate accounts on smaller centralized exchanges, or just create one account on Binance.
A trip down memory pain
But I for one remember fully well the type of games Binance played regarding listing, delisting and sometimes even outright extorting projects and creating a borderline monopoly when it came to availability and name recognition regarding the smaller/newer crytpos. Luckily their influence and power, though still vastly present today, has diminished over the years when more decentralized competitors emerged. But pay close attention here, because it's not exactly true that it's thanks to "luck" as to why this happened and why the past years played out the way they did, it's thanks to the core nature and everything Bitcoin initially stood for and thanks to those who carried Satoshi's work and stayed true to it's white paper.
I hate to break it to you, but BNB, BCH or even ETH and many crypto exchanges all already drifted away from many core criteria of Bitcoin's white paper. I for one still miss IDEX very much and hope they'll get it together and return to the basics of their good ol' days with their announced V4 update. Seriously, what is this Poly/V3 garbage? I tolerated the V2 update even though many alts and pairs disappeared, but after that it's quite frankly been one giant ??show. Luckily by then, Uniswap emerged to provide me and many others more alternatives, but as we all know, the fees there were literally impossible sometimes.
Cryptosomethingsomething
If cryptocurrency and the people/services around it which make it work, including exchanges where they are available at start to kneel to the will of the larger economies and their fiat power, we might as well delete the "currency" part of cryportcurrency and start calling it cryptofantasy, because it then effectively becomes monopoly money, a gimmick if you will, just some pointless toy for the young to be entertained with while the adults continue to have full control over them, control what they see and see everything they do while being both unaccountable and untouchable themselves. IMO centralization in crypto is what offers them a unique opportunity to do so, it's their stinking foot between the door if you will and their best chance to try and get a hold of the crypto-world and bring it under their totalitarian control. Though I agree MICA does indeed have a lot of good points, it's also about to make things a lot more difficult for starting crypto projects in the EU and a lot more complicated for existing ones. So forgive me if primarily Asia-based Binance's stamp of approval on regulations is still not resting me assure. Especially if the Eurocrats are already saying this type of totalitarian shjte out loud before their regulations are even implemented on themselves: "It would be desirable if in the future we had not only a European MiCA, but a global MiCA."
In other non-news, Vitalik Buterin literally came out and called a Paris Saint-Germain football player a "scam account"?? after some hacker changed the profile pic and name on the Twitter account to mimic his profile and suck some ETH away from hodlers.
Oh but it gets worse, like, being completely unaware regarding an entire country. Seriously, what's up with this question from Kraken?
