So binance have delisted BSV and hopefully others will follow soon. Should exchanges collaborate and delist all the other shitcoins?
Coin cleansing will help the crypto economy by focusing more on real projects, but it risks centralisation
I am ok with this so-called coin cleansing, which is delisting shitcoins and coins that do not deliver volume and their roadmap, we can get rid of useless coins in the market, and it will not be used in the pump and dump scheme by some traders, but I doubt if they can collaborate with delisting, each exchange are minding their own business.
I also believe that the time has come to get rid of empty coins that simply collected money and did not do any work without following the roadmap. Now there are a lot of them, I think that such a measure, as their removal from trade, will have a positive impact on the entire cryptoindustry.
I wish their move to delist BSV was a move to delist all other shitcoins but I think it only affect BSV, most of the coin that are being delisted in the past by these exchanges is not because they have been performing woefully but probably they failed in their dues.
We are still very far from getting rid of shitcoins, if exchanges are really serious with delisting shitcoins other than the personal issues they are having with BSV, then time will tell, I should expect other coins too to also follow after BSV, but if they delist BSV and takes no further action in getting rid of similar ones, then I will conclude that they were biased in their judgment and the issue they have with BSV is personal and not for the interest of the community.