I am an active user on Hive for over three years and I'm not gonna step down from expressing myself "wild and free" as I have done for the above mentioned time span. Hence...
CZ is a pussy
Why, you would ask right now. Well, because of this latest report of businessinsider where the CEO of Binance, the largest crypto exchange by trading volume in the world, is leaning his head down in front of regulators, those being the most crooked institutions in the world...
"We need to be a licensed financial institution everywhere that we operate. We've taken a very strong pivot now. So for the last four years, we are a technology startup. From now on we're going to be a financial institution... I think that mindset is a very strong shift. Our goal is to help increase the freedom of money all around the world without sacrificing security and compliance. We want to be fully compliant, we want to be fully secure, and we want to protect our users and at the same time we want to move our industry forward."
CZ... source
You've got it all twisted my friend, CZ. Crypto has not been created for any type of regulation, it wasn't designed to serve oligarchies and totalitarian powers, Bitcoin is not meant to bent heads so the regulators can decide anything upon it. We're not that type of breed...
Where are the cyberphunks and anarchist like the dollarvigilante and McAfee? Are all dead now?... What Binance is doing is a sign of weakness. Instead of searching for ways to mass adopt crypto and circumvent this damn system we currently live in, it's giving in to regulators, just for the sake of recognition and to stay in the business.
CZ IS A PUSSY
“There is always a pool of candidates who could succeed me. We are looking for someone with a strong regulatory background to step in and be CEO.”
CZ... source
He doesn't even have the balls to stand against these so called regulators and show them what locationless governance and decentralization really means. Moreover "daily withdrawals limits will be adjusted to 0.06 BTC for accounts who have completed only Basic Account Verification."
Bye bye privacy and financial freedom... The biggest crypto exchange by trading volume is giving in on regulators and it's becoming more and more transparent to them, just for the sake of staying in the business. I knew that was going to happen, otherwise they(the establishment) wouldn't work so hard on their damn CBDCs.
Nobody is going to ban crypto, they just want to control it and have traces over every transaction, same as with fiat... It was so obvious. Binance is helping them make that happen. So sad to see such news and so disappointed about the path crypto might take. Hope I'm wrong, but we're having so many "weak hands" around here.
Thanks for attention,
Adrian
