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

We all just have to now weigh up our personal risk:reward for being in BNB.

Do you really think the risk of CZ's kids being kidnapped and him shutting down the entire network outweighs the 35% you can earn on stables? ;)

Probably not ;)

I wouldn't have my entire net worth in the BNB Smart Chain ecosystem.

But I'm certainly not dumping everything.

For me, it's not so much about this particular issue, but what can and will happen in the future.

Say when governments get their shit together and try to make a concerted effort to regulate crypto networks.

There will come a time when tax revenues are going to dwindle because of crypto.

And when shit starts hitting the fan as a result, the doors of people in control of the networks are going to be knocked on.

Which networks are decentralised enough that the network will keep functioning if a few key men are compromised?

BSC? - Nope.

Ethereum? - Nope.

Hive? - More likely than the other 2.

But yeah, for me, this stuff is far enough away that my couple of K in Cub doesn't mean shit ;)

Don't make a hasty decision!