He’s not really espousing any great wisdom.
“Not your keys, not your coins“ duh shit.
“Hold your crypto in a cold wallet”, really?
“Make sure that your exchanges are solvent”, OK.
So basically everything that everyone here has been saying for years he is verbally diarrhea‘ing out of his mouth to make you think that he’s on your side.
The difference being he has a platform where he’s followed by hundreds of thousands of people who repeatedly copy and paste the same thing that’s been said for years and kind of making it act like he’s some guru.
What he is doing is very obvious to me, he is attempting to manipulate people opinions and sour them on everyone else hoping that they will come running to his little shitty exchange.
Don’t forget that binance is being investigated for violating the Bank Secrecy Act in the US.
As well as:
“The U.S.
Regulators at the Commodity Futures Trading Commission are looking at whether Binance engaged in insider trading or market manipulation by "trading on customer orders before executing them", according to Bloomberg. Binance denied any misconduct. The Justice Department and the IRS are also reportedly examining Binance's role in money laundering and tax evasion.
The U.K.
The Financial Conduct Authority said Binance's U.K. affiliate was operating without approval.
Japan
Japan's financial agency warned the company for operating without permission.
The EU
Binance in July said it would suspend deposits from the European Union's Single Euro Payments Area network.
Germany
Binance earlier this year launched stock tokens, a sort of synthetic instrument that gives commission-free exposure to traditional stocks such as Apple and Tesla. The tokens were being offered through CM-Equity AG, an established company that would hold the underlying stocks.
Germany's financial regulator said the tokens would violate European Union securities laws. In July, Binance said it would no longer offer the tokens, though CM-Equity's CEO told the Block that it was a "business decision" and Binance wasn't forced to stop.
Thailand
Thailand's financial agency in July filed a criminal complaint against Binance, accusing it of operating a digital asset exchange without a license.
South Korea
South Korean regulators did not publicly come after Binance, but they did warn crypto exchanges to register. Binance shut down Korean language support and Korean-currency trading pairs in August. Malaysia Malaysia's financial regulator took an enforcement action against Binance and ordered it to stop operating in the country. In August, Binance shut down access in the country.
China
Though Binance has largely moved itself out of Beijing's reach, China's continued tightening of crypto trading rules inevitably affects customers in the country who might try to use the exchange.”
And let’s not forget:
They just haven’t been cut yet, and when other exchanges have issues they quickly point the finger and start screaming at the top of their lungs to prevent you from looking at them.
It’s hey don’t look at my right hand while my left hand is pointing at someone else.
Mark my words, if any regulatory agency did a deep dive into Binance that entire house of cards would crumble like it was in a tornado.
More interesting reading.
https://investingintheweb.com/blog/binance-countries/#faq
TLDR: CZ and Binance are very well the sketchiest of all motherfuckers.
EDIT: I forgot to add that this shitty little motherfucker wants to crap on everyone else to degrade them and cause uncertainty among crypto holders to fuck them over. This type of behavior should not, and cannot be rewarded.
Perfect example, I hold Cro, that’s how I was onboarded to crypto. I have no loyalty to it anymore, however it’s funny that he starts to shit on Crypto.com right before the World Cup and all of their advertisements. He is a sneaky little crap weasel and we need to get off of this exchange and let him feel the heat. I’m not saying go to Crypto.com, they have no exchange in the US and their spread is fucking ridiculous right now. But go somewhere else.
Fuck Binance and fuck him.
Did he really think we were sheep that he could manipulate?
This motherfucker needs an awakening.
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