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/biz/ - Business & Finance

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13626026 No.13626026 [Reply] [Original]

>In the case of Binance, they tell you how they will build a decentralised exchange. The reality is that it is a pure fraud. There is no such thing as a group-owned decentralised exchange. It is purely and simply a means to enact what used to be called a humbug. That is, a deceptive or false talk, hypocrisy, and posturing that is empty. When they tell you they were decentralised, they throw the word out there without any explanation. They say it’s on a blockchain, so therefore it’s not centralised. But, every single token launched as an ICO is centralised. It’s run by a group. It’s controlled by individuals.
https://medium.com/@craig_10243/crypto-flim-flam-6b4ff367b634

Is he wrong?

>> No.13626032

>>13626026
nah he's always Wright

>> No.13626056

>>13626026

Yep, he's basically right.

And Binance is fraudulent in every way imaginable.

>> No.13626069

>>13626056
how can we profit from this

>> No.13626070

He's right about this but anyone with an IQ >80 knew this already

>> No.13626072

>>13626056
But CZ is so friendly and humble on twitter, how can you say something so mean.