There are a lot of scam projects out there now and it is difficult to be able identify the genuine ones. The problem now is even the professionals in this can not really differentiate the scame from the genuine ones. This as a factor has set a boundary to some people coming into crypto.
Binance beat ethereum? No way! Its an impossible mission. Sure, Binance is a good project with a strong and hard working team but its going to be an unachievable thing to compete with ethereum. Ethereum has gone really far.