Quote from: serveria.com on June 17, 2023, 10:22:20 PM

To start with, I don't believe Binance will disappear. It's a huge global corporation and even having to leave US market completely won't make it go bust. But yeah, people still overreact when some FUD shows up. I dunno why, perhaps Bitcoin is still young as more mature markets are normally less prone to FUD.

Most people that are into crypto are not taking it seriously as a tech. They're only investing into it to make a quick buck in return. It will take some time before the market matures to a point where external factors will have little-to-no effect over a cryptocurrency's price. Binance may've suffered from SEC's actions, but that doesn't mean it's the end of the world. It will move its operations elsewhere and carry on with business as usual.

The one that will end up losing is the US with its aggresive crypto regulations. Crypto is decentralized, so it should be able to stand the test of time. If all centralized exchanges go down (which is very unlikely), we'll have decentralized exchanges at our side. Who knows how far will the industry go? Just my thoughts Grin