Isnt it all that Satoshi was against to? Censorship, centralisation, absolute power in the hands of the big players (the banks from the ancient time).. I hate the shitforks, I can`t tolerate the faketoshi behavior, however the much bigger problem for me is the possibility acts of CENSORSHIP to play role in the cryptoworld. I dont think we should accept that.
Satoshi was totally against the centralization, all he want is for all man to be treated equally but we both know that if we want to make cryptocurrency survive or become the future currency a sacrifice need to be made.
Same time the same big player entered with its own coin and predictable it gained a huge power as well entered the possibility to reward its "followers" as recently Mithril.
I dont see what make Jeffrey Huang a big player in the crypto sphere but with this your message, I want to believe you're to pump the price of this project in market.
Where we going? I dont see any significant diffenece between JPMorgan coin, any hypotetical governance coin and BNB. If we continue that way we can see how exchanes delist BITCOIN by reasons as "untrusted", non KYC or whatever. Dont they tend to devaluate it in order to get higher their own exchange-coins (aka BANK-COINS!), to CONTROL the market AND the CUSTOMERS as far as it can.
No one know where we're going but we all hope for a better future for crypto currency and every coin hodler have the purpose the choose their coin. Besides, there's different between the concept behind JP Morgan Coin and BNB. But, I dont see any reason why exchange site we delist bitcoin in the future due to trusted issue.