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RE: ARE YOU WORRIED about the potential collapse of BINANCE?

in Project HOPE2 years ago

Interesting topic. For me, I don't that Binance would collapse, it is way too established and grounded for something to happen just after a collapse of FTX exchange. Even if its liquidity is low, which I think it isn't, they would find ways for it not to collapse any time soon.

If Binance should collapse that's the end of cryptocurrency and I don't think crypto would end any time soon.

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 2 years ago 

Love to see you again being around @menoski :)

it is way too established and grounded for something to happen just after a collapse of FTX exchange

I believe, that binance could explode if they would not expect a blow from some "3rd powerful body". But now they surely prepared themselfs for potential liquidity crunch.


If Binance should collapse that's the end of cryptocurrency and I don't think crypto would end any time soon.

That would bring crypto back to super low levels and most likely for many years things would be horrible for many. But crypto will not die because it's solving many world problems. And there is no other alternative or solution which could replace crypto (by solving those problems of millions and millions of people).

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