Binance and Euros - The Wrong Direction?

I've been reading the news about binance's announcement that they plan to have a EUR fiat gateway by the end of 2018.

I can't help but think it's a mistake. Binance does great largely because it has so much freedom. I think that a lot of that freedom will be curtailed once it lets fiat in the door.

I do think we need more ways to get fiat into crypto. Right now I am struggling with coinbase's account limits and a couple other exchanges have been sitting on my verification docs for over a year. It's total amateur hour out there.

With binance in particular though, I think they'd be better off being of crypto, by crypto, and for crypto.

Besides, the revolution won't begin until we are actually accounting and transacting in crypto.