Whenever the conversation comes up around Binance there are sure to be CZ apologists who put an insane amount of trust or faith in what /u/cpzhao says.
The sub has been through this before multiple times with crypto figureheads in the last year and a half and it’s honestly insane, that we are still doing it.
Do you remember when a subset of CC trusted Do kwon and whatever he said about Terra Luna. Do you remember when a subset of CC thought SBF was the most trustworthy person around, because he drives an old car? Do you remember when a subset of CC thought Alex Mashinsky was a great businessman and Celsius was the future because he was a developer of VOIP?
This post does not say that Binance or Binance US are (or aren’t) in any meaningful trouble that’s a different conversation.
This post is simply saying stop putting so much blind trust in the word of Centralized figureheads of Crypto Corporations, we’ve been through this over and over – when push comes to shove it almost always turns out poorly.
submitted by /u/GabeSter
[link] [comments]