Post
Topic
Board Bitcoin Discussion
Re: Self custody will always win
by
big kid
on 06/06/2023, 04:57:08 UTC
The government trying to take down the biggest Centralised exchange in the Crypto environment is good for ya all right? Awesome.
If Binance goes down, it will ruin any chance of Crypto being the big thing.

Exchanges earn money when they stay online and serve people, I don't know why people fail to understand that.
The make millions from Futures, trade fees, referrals, listing shitcoins etc.

Why would they run away and ruin their chances of earning more money?

Well, it might be awesome in the long term. Bitcoin won't die anyway, it doesn't need exchanges. But we can get even bigger sale than we had earlier this year. I can't say that's a bad thing. Also, tyhe market will be purged from many shitcoins, and that's a good thing too.