Where he gets it wrong is thinking regulations are here to help crypto, quite the contrary, regulations are being put in place to stifle the growth of crypto, the more Binance gets compliant, the more regulators impose more regulations because majority of crypto disrupts the legacy system, the regulators obviously don’t want that happening, hence more regulations and intrusions. These people will run Binance out of business if CZ keeps bending over, I hope he gets it before then.
Where he gets it wrong is thinking regulations are here to help crypto, quite the contrary, regulations are being put in place to stifle the growth of crypto, the more Binance gets compliant, the more regulators impose more regulations because majority of crypto disrupts the legacy system, the regulators obviously don’t want that happening, hence more regulations and intrusions. These people will run Binance out of business if CZ keeps bending over, I hope he gets it before then.
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