The Binance Smart Chain craze explained in one tweet:
Cons: Centralized as fuck, everything built or financed by Binance
Pros: low fees, Binance has deep pockets, massive opportunities because Binance will list anything that gets traction there
Profit maxis are there right now
Cons: Centralized as fuck, everything built or financed by Binance
Pros: low fees, Binance has deep pockets, massive opportunities because Binance will list anything that gets traction there
Profit maxis are there right now
Why does this work for Binance Chain and not other zombie chains? CZ shills BCS in literally every tweet or talk I've heard recently. They have a perfect set up for a bridge and can fund and market this for centuries. BNB is up 200% on all of this
My general sentiment is that in the long term decentralization wins. In the short term and especially in a mania, no one fucking cares. Centralized apps, centralized bridges but 10x weekly returns? That's what opportunistic retail is in for. Not for being idealistic