With Binance controlling a massive share of the crypto market, from trading volume to its own blockchain (BSC), it’s hard to ignore the risks of centralization in a world built on the idea of decentralization.
What happens to the crypto ecosystem if one day Binance faces major regulatory hurdles, technical failures, or other unforeseen issues? Are we too reliant on a single entity?
On the other hand, Binance has undeniably driven adoption, innovation, and access to crypto for millions.
So, what do you think:
- Is Binance a necessary powerhouse or a dangerous single point of failure?
- Can we truly call crypto decentralized with Binance's influence?
Let’s discuss. 👇
