Post
Topic
Board Bitcoin Discussion
Re: Binance donates $10 million to support Ukraine
by
kryptqnick
on 20/04/2022, 09:21:43 UTC
Binance is the number no 1 exchange in the world and they can afford this much amount of donation  
There are others Exchanges too that can afford donation but they didn’t. Thus binance prove that, they are not only number 1 exchange, but also number 1 in charity field too. And yeah, It'll be great if others also come ahead. Even It's wise as well as appreciable they don't block accounts of russian people cause those people haven’t done anything wrong. They aren’t totally connected, so they don't deserve their account blocking or restricted trade from binance. Thats such a good decision by binance ceo
In fact, great appreciation for Binance even though they have donated to help civilians. As said by colleagues @mehedi72, binance is quite sympathetic is not blocking all Russian residents' accounts, because it is clear this action that is also not supposed to be done, because Crypto is for all people by not distinguishing the tribe / race / religion / and not brought to practical politics .
No one wants to war but all of that is a government policy, the civil society should not be given sanctions by blocking and binance has been fair.
Actually, they disagreed to block all Russians not as much out of sympathy, but out of legislative considerations. Early on, it was explained by Binance CEO that they are not sure if it's even legal to freeze accounts of all Russians, and that they will do it if sanctions recommend it. And it's not racism at all, it's just called collective responsibility. If you're a citizen of a certain country, and this country, using your taxpayer's money, is committing terrible crimes, you are supposed to do something about it. Also, you're saying 'no one wants war' but did you look at Putin's approval ratings? They're very high, at around 80%, and this data comes both from independent researchers and from state ones, so it's most likely true. That being said, even though I'm Ukrainian, I wouldn't insist on blocking all Russian accounts.