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RE: RE: CZ's sole authority over BNB Smart Chain is a problem

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forexbrokr.
@forexbrokr
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1 min read

Yep, jongo's Paypal story on the Cryptomaniacs pod was a great example that even normies can understand!

Let me just reiterate that I'm not against centralisation per se.

Centralised and decentralised networks can and always will coexist, affording users the advantages that both parallels offer.

Heck, one of centralisation's biggest advantages was shown here.

I mean I'm certainly not cheering for hackers - It's a good thing that this clown didn't get all of the money out.

Suck shit.

But my issue is that we don't know where CZ's line for centralised intervention get drawn.

And the fact that CZ gets to draw that line at all!

If you've got money tied up in the BNB Smart Chain ecosystem, you need to be aware of what could happen.

And if these risks concern you, then your search for a decentralised alternative will likely lead you to Hive.

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