1. It is centralized

BNB is centralized.

It's minted by a single guy sitting in a cubicle somewhere.

It is nothing at all of what makes cryptocurrencies special.


2. If Binance goes down, so does BNB

This stems from point 1.

If Binance is hacked (?) again like they were a couple weeks ago, BNB goes to shit. All it takes is one issue with Binance and BNB goes kaput.

BNB depends 100% on a central institution which can be the next Bitconnect



3. Exchanges are commodities

There are TENS of large exchanges and hundreds of smaller ones.

You can shapeshift any crypto into any other crypto any time you want.

Being part of an exchange does not make BNB special at all. Getting listed on large exchanges is a matter of making a $$ deposit. Any serious crypto can afford to be listed on top exchanges.


So that's it my friends. Don't believe the hype. Look at fundamentals always.

Most top 10 coins do nothing.

BTC and ETH actually have a purpose. The others are either vaporware or 100% hype.

Ahoy!