Slowly, Binance is becoming both invincible and almost too big to... — @CryptoSorted on read.cash

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@CryptoSorted 22 November 2022 more from that month

Slowly, Binance is becoming both invincible and almost too big to...

+KT
+BCH

5 comments

K@KamHus 23 November 2022

...fail. just kidding. There seems to be no "too big to fail" in crypto
- @CryptoSorted 23 November 2022
  
  yh ... But Binance is invested in every sector of the crypto economy and in almost every project that matters. And they're they're relentlessly expanding fast and deepening their foothold further at the same time. Now, CZ has gone full offensive to bring competitors down.
  - @Bragato18 24 November 2022
    
    thats one way of looking at it and very popular as we have some one convenient to blame. Would you have preferred CZ did it quietly? Or did not bother to protect Binance and its customers? how long do you think Sam could have kept stealing customer funds? Ironic that Coindesk is a DCG affiliate company along with Genesis.
- @Bragato18 24 November 2022
  
  and that is a good thing. Imagine if 2008 had been left to run it’s course and taxpayers didn’t have to bail out the big boys
  - @CryptoSorted 24 November 2022
    
    ....we would have a clean and much healthier financial system now.

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