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Binance has never used user deposits for investing and they are leading the industry in transparent proof of funds with their open source proof of reserves prot

Binance has never used user deposits for investing and they are leading the industry in transparent proof of funds with their open source proof of reserves protocol. I am concerned about their near new monopoly. But alleging that Binance is involved in these money printing shenanigans is simply baseless.

UncleEntity 4y ago
> I am concerned about their near new monopoly. I’d be concerned if the “last man standing”[0] wasn’t the most responsible one. You’d think we, collectively as a society, learned our lesson from the Wild Cat banking days but, nope, apparently not. [0] I do find it funny you have to use quotes around a common saying because someone will say “how do you know they identify as male?”
lancesells 4y ago
> I am concerned about their near new monopoly. But alleging that Binance is involved in these money printing shenanigans is simply baseless. Can I ask why you are concerned? That they start charging more fees? Isn't crypto decentralized where you don't need to use anyone and it doesn't matter where you live? I don't know a lot about how all this works but isn't the point of crypto that you are divorced from any sort of authority?