Bottom line BSC is just a replica of Ethereum and the cakes and sushies are Uniswap ones. For now gas fees are high on ETH, but once 2.0 is implemented and those fees will be sliced what incentive would anyone have to use Binance Smart Chain. How decentralized is their chain and DEX? Replicas are still replicas and they might gain attention for a while, but originals will always shine through.
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You are correct. They are replicas. And Binance calls it self centralized DeFi, so no argument there.
I also think your right that ETH 2.0 further decentralizes Ethereum as well as improving its scaleability, speed and costs. That is definitely good for decentralization in the long run.
While it may seem or be true that Binance SC is well positioned to exploit this time period between ETH 1.0 and ETH 2.0.
But this is a big niche and investors sometimes ignore centralization for lower fees and higher profits.
I admire your principles though. :)
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I think Binance leader calls it cenfi and your point about eth 2.0 seems valid.
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