The good and bad part about binance is that BNB is highly centralized. Of course it is a horrible idea to invest into a centralized currency, if I liked centralized currency I would keep putting my money into dollars. However, this bad side comes with the good part about how Binance could change the way it works and drop the fees a lot whenever they want, since it is in their control they could add more power to it and drop it significantly more and do it very easily as well.
So yeah, centralization is bad because they can do whatever they want with it, but it is also good because they can do good things with it that will help us out as well, since I trust binance more than I trust USA government, it still makes bnb a better investment than USD for me, still worse than btc though of course. At the end this high fee problem of ETH may not end up happening in BNB if Binance takes over and does something about it.
When whales and Elon Musk manipulate the Bitcoin rate, it's hard to say that it is decentralized 😄We support different cryptocurrencies so that people have a choice. The Betfury team is really impressed with the idea of scale and ecosystem building, that is why we support BSC and BNB 🙌
Well, the difference is that "price" can be manipulated in every coin, bnb price could be manipulated by CZ as well if he wants to, and yes BTC could be manipulated by Elon and other rich people as well, tomorrow Warren Buffet could wake up and say I will buy 2 billion dollars of bitcoin, I want to leave that as my last investment before I die (let's face it dude is over 90) and price could be 100k after that because of him, which is manipulation at its worst.
However decentralization means Bitcoin itself, the code of it can't be changed, you can't have 210 million bitcoins tomorrow, price could go up or down but code itself is intact and that Is what BNB doesn't have, CZ could change it whenever he wants. It Is still a great coin though, 25% of my portfolio is BNB, so I have absolutely nothing against it, I love BNB.