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Your analysis misses the enormous amount of activity including P2P trading that occurs within Binance.


> ... P2P trading that occurs within Binance

Isn't that a... giant oxymoron? Binance is a centralized third party, BSC is a centralized chain run by Changpeng Zhao and his buddies, and in this thread we are talking about actual, on chain usage off of these centralized platforms.


If you're using an exchange whose founder can't even enter the United States and whose HQ is unknown, are you really that much better off than using a plain old bank?

I'm not ideologically opposed to crypto. I believe in its mission.

But this space needs to a very, very deep clean before it can be taken seriously.




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