Quote from: tygeade on November 24, 2023, 06:39:39 PM

I am not sure if Binance will get worse without CZ, I mean it could get better too. It's "basically" decentralized now, not the exchange but the company itself. Of course the exchange is still centralized, that did not change, but there was a huge huge figure like CZ at the top, and it would be nearly impossible to go against what he wished, whereas the new CEO will be easily argued against because if anything goes wrong, whoever is the one that fires that person, maybe the board of directors, then he would be fired.

This means that they will be a better company because one person could make a mistake just because they want to do something, whereas if we are talking about something bigger, then it could definitely reach to a new level. This is important and should be the key factor when thinking about the future of binance and of course in relation to that BNB as well. I believe the future looks brighter for them, if they can use this well enough of course.

CZ was the founder and CEO of Binance. This gave him a lot of power within a short amount of time. After his departure, Binance will become less centralized. Still, CZ can pull the strings "behind the scenes" to guide the future direction of the company. The new CEO has experience in the financial sector, so it's likely Binance will be working more closely with regulators in the future.

Unfortunately, current events will force the exchange to leave the US market for good. This leaves US customers with fewer alternatives. Hopefully, the US government will ease regulations in the long run for the healthy growth of the crypto/Blockchain industry. BNB has entered "uncharted waters", so I'd advise you to proceed with caution just to be safe.