Post
Topic
Board Beginners & Help
Re: People hate what they don't understand.
by
Coin_trader
on 04/03/2022, 04:30:06 UTC
I see that some people are going after binance and other big exchanges for still supporting Russian people, the thing is these big exchanges understand what crypto is more than the accusers, you can't just expect the exchanges to block off or freeze Russian people's accounts.

Crypto is generally for the PEOPLE.

Crypto is FREEDOM.

Crypto is really FREEDOM but Centralized exchange like Binance is not because CZ is the one who will decide what will be the move of the exchange in every decision making. Its highly dependent to the CEO unlike Decentralized Exchange which people will decide if they will add or remove liquidity in the exchange. Good thing is CZ follows the crypto principles maybe for publicity for purposes but he can easily freeze russian accounts since he is not tied to crypto principle since Binance is CEX and follow reegulators law.

I'm not a fan of CZ principle most of the time but I respect his decision this time but I wonder how long he can hold on that once regulators knock on his door.  Cheesy