/biz/ - Business & Finance

>>51283538
Obviously Binance won't implement a off chain burn tax, its only on chain. There is no way all exchanges go through with this or to enforce this. Volume would just move on to another exchange.

Anyways what you moon boy niggers don't understand is how its all about the available liquidity, even if the burn was implemented in the most centralized way it wouldn't increase the available liquidity. It would only make the asset more volatile since less people end up being able to take profit at higher prices before it dumps back down. The outcome is the same regardless, its not a magical way to make everyone stinking rich.

These post crash vultures really made me realize how fucking dumb the average crypto investor still is. Suddenly Lunc is the best thing ever but only because their greed doesn't allow them to think clearly, that is if they ever even could