Binance and other exchanges are BAD for crypto

Originally, BTC was created as a decentralized currency that was traded on a tight peer-to-peer basis. Nowadays, the majority of trades take place on major exchances like Binance. You don't actually own your crypto on sites like these, you don't get your own private keys and withdrawals/deposits can be limited during network downtime or site updates. They also report your transactions to the IRS; and the tighter our regulations get the more limited you are on these platforms.

Back in the day, I'd just take some cash and buy from someone local with zero papertrail. If I spent 20,000 on BTC in 2014 I'd be able to spend it on anything without declaring it.

The only way to use Bitcoin properly is to buy locally or from a friend online. It was never meant to be bought by the billions from big banks (Binance/Robinhood/etc.) and then sold to you. Robinhood alone owns more than 80% of the entire Dogecoin supply - don't let big banks take this majority share in BTC.