Lesson for project owners from CZ
1. Never use a token you created as collateral
2. Don't borrow if you run a crypto business.
3. Don't use capital "efficiently". Have a large reserve
Binance has never used BNB for collateral, and we have never taken on debt. .
These you're points are absolutely correct, because that is what is happening many industries today that clash down to zero points, if they is no enough back up fund's as reserve. Which I have learned couple with other stores I normally had about, thanks for sharing the information.