Topic: Cz or the Sec who would you support? - page 2. (Read 1065 times)
Binance has done a lot for the development of cryptocurrency, I like their grant programs for education, financing of new projects, humanitarian aid in case of natural disasters, here they have proven themselves really from the best side. And I understand what the SEC wants from them not so long ago there was a collapse of a rather large FTX exchange, and after that, global harassment and control cannot be avoided now. But I think the issue will be settled in favor of binance.
In the way i see things, also how most users and Bitcoin lovers would think about this case or what happened lately between the Sec trying to break Binance with CZ ahead is something that would effect the market, cryptocurrencies and bitcoin in a very bad way knowing that Binance hold the majority of Market. So we all agree that Sec are only here to destroy what has been built in years and could change the old broken system to something good strong and more secure.
The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
Yes, it is quite difficult to choose between the two. because both also have their own interests in this matter. CZ may be on Crypto's side and his loss could have a bit of a knock on effect on the crypto market. while the SEC is also struggling to maintain the security of its citizens regarding finances in crypto investments which are increasingly popular. And that is only what appears on the surface. But we don't know what drama is behind all of this. So I prefer to ignore it. But if I had to still choose then I might be on CZ's side. because CZ's loss could impact the crypto market sentimentally.The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
the impact on the crypto market is real and we know the crypto market is so sensitive,
simply put if we are in crypto then we support CZ.
Hongkong belongs to China but it has a different political, economic and social structures than China mainland. At least till now, the China mainlaind has yet fully controlled Hongkong in all aspect of social operations on the island.
Or maybe china decide to put hongkong for the crypto industry and see if everything goes well than china is going lift the ban for the crypto industry it would be great.
and yeah after XRP win and right now The SEC proceeded (https://t.me/telonews_en/7210) to officially acknowledge Fidelity's, VanEck's, WisdomTree's, and (https://t.me/telonews_en/7137) Invesco's (https://t.me/telonews_en/7137) spot Bitcoin ETF applications.
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Those both organization have a power to make a centralized or control for their community, the essence of the crypto currency is to make all process decentralized but with the exchange you are using you are letting them to have your data, limit the transactions and hold your funds which is too far for the use of it the same with the government we know they can control this too at the same time even the Rates and taxes included for your every transactions.
There is a misconception, the centralized exchanges are not forcing you to keep the coins in their exchanges and limiting your transactions, you can simply withdraw the coins and hold them in your wallet where you have full control, its far easier to purchase cryptocurrency through a centralized exchange because of the rampant scams if you are trying to purchase from other sources.Those both organization have a power to make a centralized or control for their community, the essence of the crypto currency is to make all process decentralized but with the exchange you are using you are letting them to have your data, limit the transactions and hold your funds which is too far for the use of it the same with the government we know they can control this too at the same time even the Rates and taxes included for your every transactions.
In this situation, i would support CZ to win rather than the government controlling the market.
i still side with cz . if binance does exit crypto then crypto's largest market will be exhausted, and i believe it will affect the crypto community in at least a 30 to 50% drop in crypto volume will be lost. building binance also must have been a long struggle, but if it was that easy the SEC closed it I think financial freedom is indeed more complicated than before.
Binance exiting crypto is a big if to be honest and I don't think that they will easily fold against SEC, also I don't have any firm knowledge about this but isn't Binance an International company? Meaning that they can still operate outside US? I need clarifications on that. You don't need to worry to much about this though, I am sure that they won't be able to shut down Binance.Not to be bias and take side, CZ and SEC both have a thing in common and is money hunting, while SEC may be doing his hunting from the bigger thief that happen to be CZ and Binance and CZ is stealing from the people he is always ranting he cared dearly for, if a thourogh investigation is done on Binance, there is no way he will be able to deny it that they are clean and transparent but because the SEC knew that going after them will hid to nothing because only a crypto person will understand that Binace will be good at cleaning evidence. However, SEC is doing behaving in a silly structure by labeling all the top altcoins as security which I see as way to crack down Binance and crypto companies. It is not making sense with the way SEC and XRp ended in the court and there reputation to the public will no longer be there.
I would like to whisper at the SEC that let's ignore the things that you guys are taking a stance on crypto and especially some of the companies you allege before or maybe in the future (including CZ).
Honestly, these issues I think will soon be resolved and then we will see the market calm or vibrant again, no matter which side wins, the market will survive and develop in the future longterm. I will support them CZ, and believe that they will soon prevail on these issues.
Honestly, these issues I think will soon be resolved and then we will see the market calm or vibrant again, no matter which side wins, the market will survive and develop in the future longterm. I will support them CZ, and believe that they will soon prevail on these issues.
Funny how you don't want to know who is wrong in the matter or not.
It doesn't matter what Binance adds to the crypto community, if they're guilty they gotta be punished. We can't just pick sides like that.
We know how the government wants to control everything and all but if you look at it from a different perspective, the SEC is just doing its job. It's their job to make sure the activities of Binance are in line with the regulations.
So for me, I'll support whoever is right and since I don't know the full details of the case, I just have to wait and see how things unfold. Binance is not a small company that can be bullied, so I expect them to fight it well.
It doesn't matter what Binance adds to the crypto community, if they're guilty they gotta be punished. We can't just pick sides like that.
We know how the government wants to control everything and all but if you look at it from a different perspective, the SEC is just doing its job. It's their job to make sure the activities of Binance are in line with the regulations.
So for me, I'll support whoever is right and since I don't know the full details of the case, I just have to wait and see how things unfold. Binance is not a small company that can be bullied, so I expect them to fight it well.
In the way i see things, also how most users and Bitcoin lovers would think about this case or what happened lately between the Sec trying to break Binance with CZ ahead is something that would effect the market, cryptocurrencies and bitcoin in a very bad way knowing that Binance hold the majority of Market. So we all agree that Sec are only here to destroy what has been built in years and could change the old broken system to something good strong and more secure.
The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
Yes, it is quite difficult to choose between the two. because both also have their own interests in this matter. CZ may be on Crypto's side and his loss could have a bit of a knock on effect on the crypto market. while the SEC is also struggling to maintain the security of its citizens regarding finances in crypto investments which are increasingly popular. And that is only what appears on the surface. But we don't know what drama is behind all of this. So I prefer to ignore it. But if I had to still choose then I might be on CZ's side. because CZ's loss could impact the crypto market sentimentally. The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
Regardless, I think our support will just a waste of energy because we really don't have any say on this since it is a legal proceeding, all the discussions and decisions will be done through the court. Besides, there is no benefits on us no matter which side we support since this is both centralized services and Binance will never give us any reward if we give our full support to them. Just let them be, let the process goes on and just accept whatever the decision of the court is on the case.
Support can be conditional, it is clear that users will not be able to influence the litigation in any way, but I think the point here was to evaluate what contribution CZ and SEC made to cryptocurrencies. It is obvious that the SEC slows down the development of cryptocurrencies, each time trying to blame someone, and as the example of xrp showed, these accusations are not always justified, sometimes they are aimed only at penalizing one more company.It is true that we cannot interfere or have any impact on the case because the court will decide everything. But if possible, I would also support CZ because at least they are part of the crypto industry, and we are using the services they provide. Although the SEC is just trying to control and slow down the development of the crypto industry, if we support the SEC, it is no different than we are supporting the government to intervene in the market to regulate them. But I don't understand why so many people support the SEC.
With the current issue in the crypto world between Cz (Changpeng Zhao) Ceo of binance and the Sec, I support Cz with reasons that binance has done alot to earn it's communities trust,helping millions of users in the crypto ecosystem,and has more durable marketing strategy whereas the Sec is government driven and wants to control everybody.
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
It's nice that Binance is trying so much to win against the SEC and at the same time this is one of the ways to know if truly CZ is clean, I like CZ and I also like the fact that SEC is troubling CZ right now, if truly CZ is fighting for crypto space he will always remain clean, and nothing will implicate him, and so far it's looking like CZ is right on top.It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
I will like you to understand that Binance exchange is a business company and its also a centralized exchange, we can say that the exchange is fighting for the sake of the people in the crypto space but how will they make money if crypto goes down? So yes they will always do this for their business to keep growing.
It's all business.
Regardless, I think our support will just a waste of energy because we really don't have any say on this since it is a legal proceeding, all the discussions and decisions will be done through the court. Besides, there is no benefits on us no matter which side we support since this is both centralized services and Binance will never give us any reward if we give our full support to them. Just let them be, let the process goes on and just accept whatever the decision of the court is on the case.
Support can be conditional, it is clear that users will not be able to influence the litigation in any way, but I think the point here was to evaluate what contribution CZ and SEC made to cryptocurrencies. It is obvious that the SEC slows down the development of cryptocurrencies, each time trying to blame someone, and as the example of xrp showed, these accusations are not always justified, sometimes they are aimed only at penalizing one more company. That is a massive winning for cryptocurrency and blockchain industry. Many cryptocurrency companies and projects can celebrate this winning together with Ripple XRP no matter they like Ripple or don't like Ripple.
Don't be optimistic just yet, watch and read news developments. That right, if you saw yesterday, people were very FOMO and enthusiastic saying that XRP would soon go to its ATH. and did you know that the SEC also filed an SEC review of the judge's ruling on Ripple, the court's finding that under certain circumstances, the offering and sale of XRP tokens by Ripple violated securities laws. and the Court also rejected Ripple's argument regarding fair notice, which held that ignorance was not a defense against securities law violations.
I also don't really understand about china because they ban Bitcoin but HongKong is allowed crypto there and even regulated there and you might know that Hongkong is a special administrative region of China. and they even want to become a web3 hub for the Crypto Sector - https://www.bloomberg.com/news/articles/2023-07-05/why-hong-kong-wants-to-be-a-hub-for-the-crypto-sector
Hongkong belongs to China but it has a different political, economic and social structures than China mainland. At least till now, the China mainlaind has yet fully controlled Hongkong in all aspect of social operations on the island.Quote
and other cases is Judge rules XRP is not a security in SEC's case against Ripple - https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security
That is a massive winning for cryptocurrency and blockchain industry. Many cryptocurrency companies and projects can celebrate this winning together with Ripple XRP no matter they like Ripple or don't like Ripple. Other thing is that if SEC win I am worrying that the rule with more more countries because a lot of US rule also that been widely using by other country, and if this happen Crypto that supposed to decentralized will become centralized
We should worry about our own equivalence to SEC. EU has ESMA and just released new crypto-assets regulation, China has CSRC and so on...I also don't really understand about china because they ban Bitcoin but HongKong is allowed crypto there and even regulated there and you might know that Hongkong is a special administrative region of China. and they even want to become a web3 hub for the Crypto Sector - https://www.bloomberg.com/news/articles/2023-07-05/why-hong-kong-wants-to-be-a-hub-for-the-crypto-sector
and other cases is Judge rules XRP is not a security in SEC's case against Ripple - https://cointelegraph.com/news/ripple-wins-case-against-sec-as-judge-rules-xrp-is-not-a-security
That is Great
With the current issue in the crypto world between Cz (Changpeng Zhao) Ceo of binance and the Sec, I support Cz with reasons that binance has done alot to earn it's communities trust,helping millions of users in the crypto ecosystem,and has more durable marketing strategy whereas the Sec is government driven and wants to control everybody.
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
I will also not gonna support anyone of them. Because they both are on the track of centralization like SEC is government-driven that wanna control us on the others hand binance is look likely to help the eco system but actually they are also wanna control us indirectly by the crypto eco systtem. They support cryptos not for helping the crypto communities peoples its for their benefits. And thats whay I will not support them, what I will support it will be the man satosi and his invention bitcoin. It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
.Regardless, I think our support will just a waste of energy because we really don't have any say on this since it is a legal proceeding, all the discussions and decisions will be done through the court. Besides, there is no benefits on us no matter which side we support since this is both centralized services and Binance will never give us any reward if we give our full support to them. Just let them be, let the process goes on and just accept whatever the decision of the court is on the case.
With the current issue in the crypto world between Cz (Changpeng Zhao) Ceo of binance and the Sec, I support Cz with reasons that binance has done alot to earn it's communities trust,helping millions of users in the crypto ecosystem,and has more durable marketing strategy whereas the Sec is government driven and wants to control everybody.
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
Those both organization have a power to make a centralized or control for their community, the essence of the crypto currency is to make all process decentralized but with the exchange you are using you are letting them to have your data, limit the transactions and hold your funds which is too far for the use of it the same with the government we know they can control this too at the same time even the Rates and taxes included for your every transactions. But at the end its all about the Law if the country banned a particular platform they can't do anything just to restrict. No matter what happen the users are the one suffer of this discussion
In the way i see things, also how most users and Bitcoin lovers would think about this case or what happened lately between the Sec trying to break Binance with CZ ahead is something that would effect the market, cryptocurrencies and bitcoin in a very bad way knowing that Binance hold the majority of Market. So we all agree that Sec are only here to destroy what has been built in years and could change the old broken system to something good strong and more secure.
The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
The other hand where we see CZ is building Centralized system and took of what bitcoin originally planned to be. So in this case we don’t support any of these two sides, we are with decentralization !
With the current issue in the crypto world between Cz (Changpeng Zhao) Ceo of binance and the Sec, I support Cz with reasons that binance has done alot to earn it's communities trust,helping millions of users in the crypto ecosystem,and has more durable marketing strategy whereas the Sec is government driven and wants to control everybody.
It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
I will also not gonna support anyone of them. Because they both are on the track of centralization like SEC is government-driven that wanna control us on the others hand binance is look likely to help the eco system but actually they are also wanna control us indirectly by the crypto eco systtem. They support cryptos not for helping the crypto communities peoples its for their benefits. And thats whay I will not support them, what I will support it will be the man satosi and his invention bitcoin. It's unfair that the sec is suppressing a private cooperation that's helping to grow & build the crypto world, binance is helping everybody including crypto whales and newbies and a fight against binance is against the world.
What's your say on this?
. 
i still side with cz . if binance does exit crypto then crypto's largest market will be exhausted, and i believe it will affect the crypto community in at least a 30 to 50% drop in crypto volume will be lost. building binance also must have been a long struggle, but if it was that easy the SEC closed it I think financial freedom is indeed more complicated than before.
Binance exiting crypto is a big if to be honest and I don't think that they will easily fold against SEC, also I don't have any firm knowledge about this but isn't Binance an International company? Meaning that they can still operate outside US? I need clarifications on that. You don't need to worry to much about this though, I am sure that they won't be able to shut down Binance.Personally, I support these accusations since they are based on a legal basis and also because they impose a tracking and monitoring policy on Binance, which has begun to form a kind of monopol based mainly on the fact that it is not being tracked and no one knows about its internal kitchen. What is happening with Binance has affected the rest of the platforms, which have begun to take measures commensurate with the laws and procedures on which sec is based to activate procedural traces.
Yeah its good to support what Sec actions done to binance since for sure they and other new crypto businesses will be watchful to the requirements or other things they need to do to comply on legalities on said country and so they can operate without violating the law in US. If we can see the brighter side of the regulation they did this will benefits us since we can assure that we are now dealing with good crypto services by the help of the government tightening its rules to those crypto platforms.
Im not making some conclusion but we arent that blind that this isnt something first time that do happen on this space. Government does really like or want to get involvement on crypto based platforms and trying out to throw up some issues and other means which if they do want or like to make some noise here on this space then they would always be targeting out on what are those places which most of crypto community been using. Just like on Binance on which this had been the most popular and known or reputable crypto exchange then its not shocking on why they have put up that focus into it.
Supporting? I dont love on supporting anyone, if there's someone needs to answer up some issues and there should be needing those possible sanctions or whatsoever then i dont really care
but this one really make out that impact on this space which it isnt something new.
I do not like the idea of canceling the fact that we live in a world system based on centralization and that it cannot be canceled. It means that the only solution for users is to ensure at least the greatest amount of security in exchange for their privacy that they have given up. According to what I noticed, SEC is the first that was able to file charges for some of the activities of the platforms according to a clear legal reference, which also explains the platforms’ violation of those laws.
i still side with cz . if binance does exit crypto then crypto's largest market will be exhausted, and i believe it will affect the crypto community in at least a 30 to 50% drop in crypto volume will be lost. building binance also must have been a long struggle, but if it was that easy the SEC closed it I think financial freedom is indeed more complicated than before.
Binance exiting crypto is a big if to be honest and I don't think that they will easily fold against SEC, also I don't have any firm knowledge about this but isn't Binance an International company? Meaning that they can still operate outside US? I need clarifications on that. You don't need to worry to much about this though, I am sure that they won't be able to shut down Binance.Personally, I support these accusations since they are based on a legal basis and also because they impose a tracking and monitoring policy on Binance, which has begun to form a kind of monopol based mainly on the fact that it is not being tracked and no one knows about its internal kitchen. What is happening with Binance has affected the rest of the platforms, which have begun to take measures commensurate with the laws and procedures on which sec is based to activate procedural traces.
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