CZ HAS A MASSIVE TARGET

Forbes recently published an article taking and comparing and comparing Binance and FTX in terms of some of the maneuvers that they have made. What they are implying here is that there is a risk with Binance as they may or may not have done something similar to FTX. I am not going self-custody and safe practice that is what I'm all about. However, I think all of this stuff that is been thrown at Binance is unfair and I can't help but be of the thinking that I'd much rather bet on the devil you know than the one you don't know would be institutional. If you look at who controls the stock market in terms of facilitating it and so on, it is the institution.

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They want to do the same thing with crypto and CZ has a massive target at his back, not only for what happened with FTX. He is the biggest competitor out there and there are a lot of people that are praying for his downfall. I think is an amazing entrepreneur and I really want to see him succeed. They are accusing Binance of taking cryptocurrencies that are supposed to back customers' reserves and gambling with them. I am not against Binance and I am not concerned. I think a lot of this is a targeted effort to try and discredit CZ. CZ is largely disputing all of this, saying that is inaccurate what they are saying.

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I think that might become an issue for Binance down the line because if you look at what they have done with BUSD. Base which Coinbase layer 2 and it's built on top of Ethereum. I think they are going to take over the Defi space. Why would people make Defi harder for themselves if they are not already Defi native and know how to Defi when they can just do it through a coinbase application? The apps that would be winning the Defi space are the ones that will make it easy for the user. The majority of people within the crypto space are here as speculators and largely don't care about Decentralization.