4 ms·

Binance has this very uncanny ability to plausibly explain their way out of any hint of red flags. And they are still here. It's pretty remarkable.

• HN_is_for_gemes 4y ago
  [dead]
• hdjjhhvvhga 4y ago
  When they finally go down all the red flags will be crystal clear in retrospect.
  • deleted 4y ago
    [deleted]
• fuzzylightbulb 4y ago
  "You know, it's funny; when you look at someone through rose-colored glasses, all the red flags just look like flags." - Wanda the Owl, BoJack Horseman
  • red-iron-pine 4y ago
    Or from an even earlier poster / TV show -- "I Want To Believe"
  • ilyt 4y ago
    But red just looks like red in those glasses
    • vinay427 4y ago
      Yes, just as white or many non-red flags would. The idea is that other flags are indiscernible from red flags because everything is rose-tinted, and more amusingly the playful combining of two common English expressions.
      • ilyt 4y ago
        I know what the expression means mr. captain obvious.
• hammock 4y ago
  Reminds me of the Epstein suicide
• amluto 4y ago
  It helps to have a giant red herring that isn’t directly related to a liquidity or solvency problem. In Binance’s case, it’s their incredibly dubious USD banking arrangements. It’s not a secret, and it’s a great distraction for Binance to point at if they don’t want to move real USD at any given time.