/biz/ - Business & Finance

>>57112292
you guys got binance'd, they saved BNB by pumping and dumping SOL. thanks for playing i guess.

>>55316298
hardly believable. the only tax system where this comes close is germany with no tax after 1 year, but even then you pretty much can't use your binance account for anything else because of the FIFO system. i assume you just don't know how your own country taxes you, which is what i expect from someone dumb enough to use CZs crypto cc.

>>55238703
BNB is heavily supply controlled by CZ himself. it's unironically not much different to HEX, the mcap if completely virtual.

>>55206550
There's a limit on how many validators can actively validate. You spinning up a validator node doesn't mean you get to validate like in Ethereum or any other PoS network. You being able to run a validator node but not be automatically a part of the validator set means nothing. When BNB was created they took 40% (80 million tokens) to themselves and CZ constantly brags how they've never sold a single token. Over time they've made buybacks and burned 46M tokens, making their share over 50%. Guess who has all the voting power on who gets to be the chosen validators? It's not a credibly neutral and (fully) open blockchain.
>Binance owns only 2 or 3 of the currently largest validators
Yeah, right.
>chain freeze
Amazing how they managed to coordinate in an hour or so (hint: it's all CZ and his closest friends, always a phone call away 24/7)

>>55204080
>How is Eth better then BNB?
They're both trash. ETH cause it can't scale and is expensive af, and BNB isn't a blockchain lmao it's just CZ's private excel spreadsheet

>>55196611
Hyvästi Bainänssi.

>>54900666
Satan is right, also the chain is validated by CZ in his back yard.

God bless europe that protects investors from tether and binance scams

>>54459465
BNB is an unregistered security and can be halted and changed when CZ wants to.

>>54351674
this guy.

>>54152263
kek

Funds are SAFU.

In light of all this Binance shit, I still don't understand why people give him money. Remember when he tried to ask the Bitcoin devs to "woll bac da blochain" when his exchange lost over 100k BTC in a hack? Seriously we are in a massive crypto purge and BNB is the last centralized piece of shit that needs to go. They shut it down a few months ago, it's fucking CZ doing all the validators in the back room. Seriously he's a massive scammer and he's not immune to this.

>>52427711
you just sent your coins from a centralized exchange to a centralized chain. they are in no way more secure now

>mfw I just remembered a few weeks ago Bankman offered Elon to help buy Twitter.
What the fuck was Sam's game plan?

So... back to crypto after a year away. Is BSC dead yet? Seems full of jeet projects