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Your entire comment hinges on the idea that Binance is a scam, which nobody knows for a fact. And I would hope binance is not a scam, so people don't lose thei
by cypress66 4y ago
Your entire comment hinges on the idea that Binance is a scam, which nobody knows for a fact.
And I would hope binance is not a scam, so people don't lose their money.
- mikelovenotwar 4y ago>Your entire comment hinges on the idea that Binance is a scam, which nobody knows for a fact. I make no mention of Binance as a scam. The entire industry is a ponzi scheme, Binanace are a large player in the game.
- cypress66 4y agoBinance is an exchange where you can exchange dollars for cryptocurrencies. It is well understood that the cryptocurrencies you purchase can crash to almost nothing. Nobody's complaining about that. The issue here is the possibility of Binance stealing user's assets, like FTX did. Which is obviously illegal. To explain it in "crypto hater" terms, it's like someone stealing people's beanie babies.
- mikelovenotwar 4y ago>Binance is an exchange where you can exchange dollars for cryptocurrencies. I am aware of this, and hope they fail along with the rest of the ponzi scheme. > The issue here is the possibility of Binance stealing user's assets, like FTX did. Which is obviously illegal. This is one of the issues, and while important it's not the only issue.
- Johanx64 4y agoWhat we do know is that binance hasn't ever done a proper audit, considering that, I can call Binance a scam with a high degree confidence and the only way for me to stop saying it is by them doing a full audit by a reputable company. Which they are not going to do since they are scam.