Binance is a threat to the crypto space

[tonyvo2017]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

CZ decided that delist BSV is a perfectly right decision. because BSV is actually an unbelievable altcoin when it is operated by a whale.
BSV is still a great altcoin, it has more upgrades but its purpose is still a tool for Craig to manipulate market prices. The CZ understood that and I knew why he delist it.

[mr_random]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

CZ decided that delist BSV is a perfectly right decision. because BSV is actually an unbelievable altcoin when it is operated by a whale.
BSV is still a great altcoin, it has more upgrades but its purpose is still a tool for Craig to manipulate market prices. The CZ understood that and I knew why he delist it.

BSV delist was a respectable behaviour by Binance and it was a starting point for other exchanges to delist Bitcoin Cash Sv. The fake person who impersonate the Satoshi Nakamoto should take care of his business.

[Teawhalee]

This is just based on the perspective we are looking at it. Other exchange have been there before binance and also  posses their own threat to this space.personally I believe all Exchange is a threat to this space. Not a matter of binance alone.

[jacafbiz]

With all the bad that Craig Wright represents in the space and all his fake claims, I still feel Binance was very wrong with that decision of delisting the coin, apart from the power CZ holds in the space, binance is becoming a centre point of failure for the space, if Binance become MGOX, can you imagine the high number of people that would lose money, we don't need monopoly market and other exchange need to wake of give Binance fight for their money.

[inanilujimi]

keep thinking positively, if you cannot provide something good for the development of crypto space then binance is here to build crypto to be better and safer for its users.

[josephdd1]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

really? is the situation more worse than what bitcoin is in right now? most of the hashing power is concentrated into a handful of pools. Same with eos where it is centralized in with just 21 block producers that are getting 1.88 million a year for doing absolutely nothing?

Will it be any worse when compared to the case of facebook's worldcoin or libra or whatever the crap they're calling it? licensing each node for 10 million dollars and then concnetrating that power into one space?
See, decentralyzation is great, it should happen but as infrastructure decentralyzed infrastructure is very unreliable. Just factor in a 5 - 15 ms of latency in any decentralyzed network and you will see what I mean.
decentralyzation is prone to adoption, if people don't adopt, then the network will not mature and for that maturity to happen, it needs to be centra, to an extent, at first..

[103deltafox]

You might see binance as a threat in crypto space, but i see binance as a game changer.  At the moment that ico was phasing out binance came with a whole new approach of IEO and many other exchange followed suit. Binance always comes with a whole new innovation at all times

[Gabmot]

Well, i just think you are equally liable to say anything you feel like cos the law of Slander do not strictly apply to crypto as much. But, i'm convinced CZ and the entire binance team their reason(s for such action not clear or unknown to many

[sabine80]

so far i see no danger from binance. yes, binance is a big player, but he has not hurt the crypto world so far.
if it stays that way, binance is and remains a big player and not a threat to the crypto space.

[yesyes18]

and who's Vitalik to talk about Binance centralization? Actually, BSV and Craig Wright are hated by virtually everyone in the space not because of just the centralization but also the threats and uneccesary panic he's caused in the space. CZ on the other hand hasn't threatened anyone but is focused on his business and so why do you even compare them lol? CZ is a businessman lol and he hasn't forced anyone to use Binance and its conglomerates. People like it because he's the best or one of the best, and those are the facts!

[mickey_miner]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

If Binance was the only exchange, then there would be problems, but there are a lot of exchanges and there is no threat of monopolization of the market.

[kawetsriyanto]

It makes sense that Binance really gives threat to the cryptocurrency. It is considered as the biggest exchange of cryptocurrency and all people believe and put their trust in it. Although it had a problem with hackers, this exchange can recover and increase the trust of all members. And it also has its own coin that really makes a great move to rank 7 in CMC.

[minttop]

There is a threat to decentralization from binance, but CZ does so much for crypto currency and I believe there is no other way to achieve it.

[ashmodeus]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

i disagree for now, for now!
as i see,CZ seems normal, i mean he not using their power for something like u say.
and about delisting BSV, craig deserve it.
like u see recently, craig still continue to harashing BNB but CZ seems doesn't care about it.
,whatever craig say about bnb just money loundry place or another negative,CZ still calm.

yes, maybe someday it's can be happened, but hopely its never be happened.

[alizulfi12567]

As you know Binance Exchange is number 1 exchange in crypto world and growing day by day,So Binance is creating monopoly and this is not good for crypto market.

[dataispower]

I don't really think Binance poses threat to crypto space , rather binance has been a pillar to an extent. Everyone will agree with me that Binance revived token sale via IEO, it also boosted the overall market cap couples with the great news and updates.

[Bitfling]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product

[Indrawan77]

and who's Vitalik to talk about Binance centralization? Actually, BSV and Craig Wright are hated by virtually everyone in the space not because of just the centralization but also the threats and uneccesary panic he's caused in the space. CZ on the other hand hasn't threatened anyone but is focused on his business and so why do you even compare them lol? CZ is a businessman lol and he hasn't forced anyone to use Binance and its conglomerates. People like it because he's the best or one of the best, and those are the facts!

I have to agree with this, Binance work hard to be recognized as the best exchanges, and people are willing to trade in that site, so I don't think monopoly and threat are the correct word for Binance, for now people are choosing the best platform to used and Binance is the best for now

[cunguks]

When its about list or delist a coin or token, its about exchangers authority. Exchanger have a full right to delist a coin or token for many reason and i dont think binance is a threat for crypto space because most coin listed are good project with working product

when there is a project that is not running and does not have a trade, I think it will be mandatory to dispose of the list of assets listed in their exchange. therefore an exchange must indeed make the best selection to become a requirement for an asset registered in their exchange.

[redsun114]

Agree to disagree... whenever power is centered on one person or a group of people, there will always be dictatorships and manipulation.. I see a lot of people celebrating Cz on Twitter for delisting bsv.. but what they don't understand is Cz poses a greater threat to decentralization than faketoshi will ever be... even vitalik buterin agrees to this

https://www.google.com/amp/s/www.coinspeaker.com/vitalik-buterin-bitcoin-sv-scam-binance/amp/

One thing you should understand is that there is no platform that is not lead by someone that will succeed so much, I know you will want to use bitcoin as an example on what you are trying to say, but even till today there is a team in charge of releasing bitcoin upgrades called the bitcoin core, and even though they never created the bitcoin code, they have always been in charge of maintaining the code, so it's a good thing that CZ is putting it open himself to make sure the project succeed.