Post
Topic
Board Exchanges
Merits 2 from 2 users
Re: Will it affect you in any way if Binance completely shuts down ?
by
stompix
on 02/11/2023, 17:18:25 UTC
⭐ Merited by Rikafip (1) ,albert0bsd (1)
Will it affect you in any way if Binance completely shuts down ?

I will probably need an ambulance!
I will keep stuffing myself with beer and popcorn and develop a carpal tunnel syndrome from typing "I told you so" a million times  that I will need surgery!

Many users will also loose funds and some will loose faith on crypto.

After FTX went down why would you keep your money on an exchange, and besides, this is not losing faith in crypto, it's losing faith in a centralized exchange that wasn't even supposed to exist in the first place, you know, all that thing about being your own bank and stuff?
On the contrary, it's going to be good for cryptos, people will stop getting fleeced by Binance and their fees, they will use their own wallets, less money to be made by manipulation on those exchanges less access to pump and dump shitcoins which are a money pit,  rather than being worried of it happening it's better to have them all dumped by users as soon as possible! There is absolutely no downside to getting rid of a CEX like this that does everything possible to hinder BTC while promoting their alternative centralized crap!