I want to state firstly that I'm a firm believer or all things decentralization, financial freedom and control.
I have not read any articles on Binance academy and i can't really comment on this, but even if they said the above (which everyone already knows), CZ also said a couple of months ago that 99% of people will lose their crypto stored in non-custodial wallets, so it is more like them saying non-custodial wallets will give you custody of your assets, but you will lose it, so bring them to us.
I read that post and he did come under heavy scrutiny at the time. I feel like he was taken out of context? We all know that non-custodial means the user is 100% responsible for the security of their assets. Most people don't take it seriously and some even expose their seed phrase in online note taking apps etc.
I think you should use et cetera, etc , et cet., &c. or &c. Et al is mostly used in academic study for referencing or bibliography.
@nelson4lov, with all your support, let me put it straight to you. Does Binance makes freedom of money possible for people? Please answer that and support it with facts, not off-topic post. Please do not consider me to be harsh.
- Firstly, Thanks for pointing that out. I've written some academic paper recently so it was honest mistake. Thanks once again.
- You misunderstood my post. I'm not in anyway saying Binance promotes freedom of money/financial freedom in anyway. We all know that true financial freedom is when you have full control of your assets. My argument was that Binance is not entirely bad. Most of the infrastructure available today to get on/off ramp of fiat is provided by centralized entities, even the one that claim to be decentralized require some KYC/AML. I apologize once again if you took it the wrong way.
They provide a service for people using cryptocurrencies so they might not be entirely bad, but binance is trying to be too powerful/influential in the crypto industry and that is not needed, their quest to achieve this has also made them do too many questionable and sketchy things to say they've had a net positive impact.
Binance is not a saint in the industry, I know that as a fact. Compared to other centralized services available that have rugged users, Binance has been upfront with their users most of the times. I'm not affiliated with Binance, I'm just a user who has enjoyed their services since their launch. I don't hold crypto on the exchange btw, when I have kept it there in the past, the service was good.
I'm aware of Binance becoming a monopoly in the industry but when I realize that they have provided a service second to none.