~Snip
Binance is the reason behind its own downfall. Seems reasonable to me but what if it's only the tip of the iceberg? As I said before, there could be other reasons behind this. They came up with something of their own. The government wants something that they can control. So they launched CBDC. Stablecoins are the only thing that directly challenges the CBDC.
Hmm, CBDC's well, buddy it doesn't matter for now at least currently what we are looking at is how Binance will take up their strategy to service as for the stablecoin BUSD I think it won't create any void in the market as there are already projects coving up the space. I would like to ask how Binance is the reason for the
Well, these things don't matter too much. You are already under the control of a centralized entity. You will just change the entity that will control you. From a centralized company to the government.
As they have stated clearly, Bitcoin does not carry any security, unlike other altcoins that they are targeting specifically. So I have nothing to fear. Bitcoin forever.
Well, there's a point that what matters to you if you are already using a KYC-approved Binance account and using their service for the Stable currency, even if it gets replaced by CBDC who cares?
Hmm for the Bitcoin I would say it's not Bitcoin forever its Bitcoiners forever.