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!
now come on buddy this post is sick. And if you continue like this, you will be making a whole lots of mistakes in the choices of investment you make. Tell me which coin or token is not centralized apart from the coins we know as privacy coin? Which is also centralized. If any project ceases development of its project, it will definitely affect its assets so you make no sense