Cipher Stories on Nostr: CZ has never seemed like a grifter or scammer to me. Just a bit of a geek who was ...

CZ has never seemed like a grifter or scammer to me. Just a bit of a geek who was able to build a popular crypto exchange.

I've never used Binance or intend to, but either he's an unassuming guy who flies under the radar ... or he wants it to seem like such.

I've never read anything bad about his character etc. Seems like no one has a scandalous things to say about him.

I'm not saying any of my take is true... but it's an observation from my view.

Maybe the same could and was said about SBF before FTX imploded?

Maybe I'm being to cautiously optimistic?

I low key want Binance to succeed though. I can't fully articulate why. I'm not into "crypto" and centralized exchanges are 'not the way'. But I don't want Binance to implode.

Maybe it's because I know a lot of decent and well intentioned ppl will get rekt if it does. Maybe it's because I want a kid who worked at McDonalds and the local summer fair as a teen to succeed (CZ).

Maybe I'm wrong and Binance is a hindrance to Bitcoin.

Things don't have to be black or white. I'm OK with that.

But FTX saw a lot of ppl get hurt and back off of anything crypto related. Even Bitcoin. These were good people who trusted their friends or family. I don't want this to happen again.

Maybe there's a path where Binance loses sway and influence because WE all do such a good job of orange and people pilling people to decentralized exchanges and self custody. And FOSS. And privacy platforms. And web5. And Binance gets pushed to obscurity/niche tokens.