CZ claimed Layer 2 isn't really needed yet

[john1010]

I think Layer is just only a term or word that they're used to describe the project, the important thing is to know the right principle when you begin to choose what coin you want to buy and sell, it is a matter of the trading volume of the coin, no matter what they've called it the people who traded that coin is a matter most.

[Crypt0Gore]

I think layer 2 is very needy in today's crypto world and CZ isn't seeing that yet maybe, Layer 2 projects brings low gas fee and faster transactions with high security, for example this is why I like Metis, its scalability alone is more effective and it has more security layers, its functionality is unlimited.

[mindrust]

Investors and traders are riding those things and not just CZ knows and understands this thing. But on this market, when there seems to be a genius idea, they're using it for them to use so that more investors and traders would come by to their projects.

Of course they will do that. I mean d'uh, CZ owns a crypto casin... I mean crypto exchange d'uh. Traders, hypers are his bread and butter. The more hype people generate, the more they trade. The more they trade, no matter if they make or lose money, CZ will be making money in anyway.

I don't even think CZ gives a shit about crypto or fully understands it. This is the man who tried to rewind the bitcoin blockchain. All he wants is the commissions.

[lobo13hf]

I think Layer is just only a term or word that they're used to describe the project, the important thing is to know the right principle when you begin to choose what coin you want to buy and sell, it is a matter of the trading volume of the coin, no matter what they've called it the people who traded that coin is a matter most.

Pretty sure that the word of layer was actually BS. Basically any blockchain was the same. Layer 1 or even 2 have no different but the only thing as the important point is the blockchain itself used their own blockchain to run any transaction in the network.
The point that wanna be pointed out by CZ is there are so many blockchain over blockchain. that means so many copy paste in the market which is not really needed.