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More than two years ago, Binance made a spectacle of their \u201cdelisting BSV\u201d move. Back then, we called out the lies behind that campaign.\u00a0Look at Binance nowadays. Haunted by increasing regulatory pressure. Delisted themselves by renowned banks Barclays and Santander. Public FCA and FSA warnings concerning Binance Markets Limited and the Binance Group.<\/p>\n
However, what really caught my attention lately was this tweet by Binance\u2019s CEO Changpeng Zhao (CZ):<\/p>\n
That short tweet has a lot in it.<\/p>\n
First of all, it was the BSV blockchain space that had the \u201cbuild\u201d mantra instead of the \u201chodl\u201d narrative since day one. In Bitcoin SV, we early on warned our readers of the hodl-mentality.<\/p>\n
To be exact, it was foremost Dr. Craig Wright who called out the nonsense gambling attitude in BTC and other digital assets, pointing out that Bitcoin is to be used as cash and to value data:<\/p>\n
So CZ is less \u201chodl\u201d and more \u201cbuidl\u201d now? How comes?\u00a0What is next? Dr. Craig Wright is Satoshi Nakamoto?<\/p>\n
Secondly, why is CZ saying \u201cunpopular opinion\u201d? To build things, to create things, to actually do something with the technology behind digital assets is not unpopular\u2014it is what it is designed for.\u00a0<\/p>\n
CZ\u2019s Twitter audience is probably 99% clueless amateur \u201ctraders\u201d that try to dump their \u201ccrypto bags\u201d on the greater fool, and 1% could be following him hoping for a giveaway in BNB or the like. So within these kinds of people, to build something seems to be considered a controversial approach.\u00a0<\/p>\n
Keeping this in mind, it is refreshing to watch the CoinGeek Zurich conference again and experience what Bitcoin was actually invented for.\u00a0<\/p>\n
Within Bitcoin SV, topics like improving sustainability and saving of natural resources using BSV blockchain, or eGovernment running on the original Bitcoin are being discussed and implemented solutions are already live.\u00a0<\/p>\n
To build is an unpopular opinion? Not in Bitcoin SV.<\/p>\n
Being delisted by banks should be a problem for Binance. But being delisted by decency, maturity and lack of respect for the own Twitter audience is a bigger problem though:<\/p>\n
I am a Binancian? Well, I happily am not.<\/p>\n
Buy Bitcoin now, but NFA (not financial advice)? To me that seems like indeed giving financial advice and then saying, \u201cnot financial advice though, buddy.\u201d<\/p>\n
I feel sorry for people following him and trusting Binance. If one only reads Binance\u2019s or CZ\u2019s tweets, the information about the regulatory pressure and delisting by banks is not really getting through to the customer.\u00a0<\/p>\n
This is what Binance and CZ should be tweeting about on a daily basis now:<\/p>\n